Barclays Corporate India is led by Karan Bhagat, Country Head and Managing Director and services the needs of over 400,000 clients and customers across the country.
Barclays opened its doors to commercial customers in November 2006 and today has a roster of over 2000 clients. Barclays Corporate, India is focussed on servicing the needs of large Indian corporates, the corporates in the SME sector, and Indian companies looking to grow overseas. Barclays offers its clients a broad spectrum of services including loans, deposits, payments & cash management services, trade finance and treasury solutions.
The consumer banking division, launched in May 2007, offers primarily mass affluent customers a growing suite of products and services. These include arguably the best Premier services offering in the country, with products ranging from secured and unsecured lending to cash management investment products and insurance. Barclays Corporate also offers ‘Hello Money’, a revolutionary mobile banking service that combines technology and convenience.
Barclays Corporate currently has a network of over 50 distribution points through its network of branches and Barclays Finance outlets across the country. Barclays Finance was launched in March 2008, as a non banking finance company, to bolster the Barclays Corporate footprint in the country.
Investing in the community is an important part of Barclays sustainability strategy. Globally, Barclays has focused efforts on financial inclusion, entrepreneurship, education, enterprise and helping people into employment.
