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Home » Foreign Banks in India » ChinaTrust Commercial Bank India | |||||||||||||||||
ChinaTrust Commercial Bank |
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ChinaTrust Commercial Bank (CTCB) is one of the largest private banks in Taiwan. The Bank is engaged in the following operations: deposits, loans, guarantee, foreign exchange, OBU, trust, credit cards, cash cards, equity, bonds, proprietary dealing in futures, derivatives, factoring, safe deposit boxes, electronic banking and the Public Welfare Lottery. |
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CTCB has overseas presence in London, New York, Vancouver, Tokyo, Hong Kong, Jakarta, Manila, Bangkok, Ho Chi Minh City and New Delhi. CTCB has established its first branch in New Delhi in April 1996. CTCB is the first & only Taiwanese Bank in India which has completed more than ten years of successful operation. |
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CTCB, New Delhi is committed to act as a provider of innovative products and quality services to facilitate various types of business requirements. Over a period of time it has built up an image of a Bank that can be relied upon and trusted. Foreign Banks 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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