A Leading upcoming bank in India started with a capital base of Rs.1,000 million (USD 32 million at the prevailing exchange rate), of which Rs.600 million was raised through private placement from Indian Residents while the balance Rs.400 million (USD 13 million) was contributed by Non-Resident Indians. It was one of the first banks to become a part of RBI’s Real Time Gross Settlement (RTGS) system.  It has implemented an enterprise-wide risk management system encompassing global best practices in the area of Risk Management.

Bank’s broad lines of business include Corporate Banking, Retail Banking, Treasury and Foreign Exchange, Investment Banking, Capital Markets, Non-Resident Indian (NRI) / High Networth Individual (HNI) Banking, and (through a subsidiary) Information Technology.