25 Sep 2025 | 5 Mins Read
StanC will shut small branches, shift to large format stores
Flipitmoney
Standard Chartered, the largest foreign bank in India by physical footprint, will not add new branches beyond 100 outlets and is not consolidating its footprint. Instead, it aims to open 21 priority banking centres this year and start dollar clearing operations at GIFT City from October 7. The bank targets a 10% loan growth in the corporate segment in FY26 and is focusing on projects.