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Home » Foreign Banks in India » Credit Agricole Corporate and Investment Bank India | |||||||||||||||||
Credit Agricole Corporate and Investment Bank |
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Crédit Agricole CIB is active in a broad range of capital markets, investment banking and financing activities. Clients are primarily corporate, governments, and banks, with a small footprint in the investor segment. Its head office is in Paris, France. Crédit Agricole CIB has been present in India since 1981 and is located as today in Ahmedabad, Bangalore, Chennai, Delhi, Mumbai and Pune. The Bank offers a comprehensive range of products and services, tailored to the needs of Indian companies and financial institutions. |
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In India, Crédit Agricole CIB’s local network consists of six main full-service branches strategically located in Mumbai, Delhi, Chennai, Bangalore, Pune and Ahmedabad. These branches also deal with large markets in Kolkata, Hyderabad and Baroda. Crédit Agricole CIB ranks amongst the top 10 foreign banks operating in India and amongst the top 5 foreign banks for capital markets products in the country. In India, Crédit Agricole CIB is a leader and recognised market-maker in the treasury markets. The Bank offers leading Indian companies and financial institutions a wide range of products and services. |
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Foreign Banks like Crédit Agricole CIB in India always brought an explanation about the prompt services to customers. After the set up foreign banks in India, the banking sector in India also become competitive and accretive. New rules announced by the Reserve Bank of India (RBI) for the foreign banks in India in Budget 2009 has put up great hopes among foreign banks which allows them to grow unfettered. Now foreign banks in India are permitted to set up local subsidiaries. The policy conveys that foreign banks in India may not acquire Indian ones (except for weak banks identified by the RBI, on its terms) and their Indian subsidiaries will not be able to open branches freely. Please see the list of Foreign banks in India till date. |
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