Standard Chartered Private Bank is launching an aggressive push into India this year and next, aiming to double its team of relationship managers and open two offices.
The global private bank, led by Peter Flavel, plans to open offices in Chandigarh and Hyderabad later this year, taking its Indian network to seven private banking centres. It is already based in five cities in India - Mumbai, Kolkata, Chennai, Bangalore and Delhi, where it has launched a dedicated private bank office.