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Standard Chartered opens its largest branch premises in Eastern India

Aug 26, 2025 · Source: cision

KOLKATA, India, Aug. 26, 2025 -- Standard Chartered today announced the launch of its largest branch in East India, in Kolkata. The relocated branch situated at 4 Little Russel Street is an affirmation of Standard Chartered's long relationship and continued commitment towards the city, which hosted the Bank's first branch in India in 1858. Since then, the bank has forged a deep relationship with India spanning more than 165 years.

This newly relocated branch was inaugurated by PD Singh, CEO, India and South Asia, Standard Chartered, Aditya Mandloi, Head, Wealth & Retail Banking, India and South Asia, Standard Chartered and Nitin Chengappa, Head Affluent Distribution & Branch Banking, India, Standard Chartered, in presence of other senior colleagues from the Bank.

Moving from the erstwhile 19 NS Road branch, the new location blends history with modernity. It combines old world charm with best-in-class infrastructure to reflect the harmonious blend of old and new. The branch will be the fulcrum of the Bank's endeavour to further deepen not just its multi-generational client relationships but also leverage new opportunities in the Affluent, Global Indian and SME segments in Kolkata as well as East of India.

The designated Affluent Banking Centre within the branch is designed to serve the financial needs of clients, supported by the Standard Chartered Group's global network, advanced technology, and wealth strategies delivered by experienced relationship managers.

Aditya Mandloi, Head of Wealth and Retail Banking, India and South Asia, Standard Chartered, said, "Standard Chartered's journey in India began over 165 years ago in Kolkata, and with the opening of our largest branch in East India at Russel Street, we are proud to continue that legacy. The new branch reaffirms our commitment to supporting clients at every stage of their personal and business journey, with personalised wealth solutions, seamless global connectivity, cutting edge technology and relationships built to serve generations."

Nitin Chengappa, Head Affluent Distribution & Branch Banking, Standard Chartered Bank, India, said, "It is with immense pride that we announce the opening of the relocated branch in a city, where the Bank operations began, back in 1858. The new premises reflects our ambition to deepen our relationship in East of India, offer world class products and services and grow the market. Kolkata, today is a hub of traditional enterprises as well as SMEs and even start-ups and Standard Chartered Bank is well positioned to offer bespoke services, based on our knowledge of the market and backed by a global network bank expertise."

About Standard Chartered

Standard Chartered has been operating in India with a continuous presence of over 165 years making it one of the oldest foreign banks in the country. The Bank has a network of 100 branches across 42 cities. Key business segments include Corporate and Investment Banking and Wealth and Retail Banking. For more information, visit https://www.sc.com/in/ 

Globally, we are a leading international banking group, with a presence in 54 of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

 

Cision View original content:https://www.prnewswire.com/in/news-releases/standard-chartered-opens-its-largest-branch-premises-in-eastern-india-302538882.html

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