Standard Chartered plans aggressive expansion in India


STANDARD Chartered, India's largest foreign bank, has recently announced aggressive plans to expand its distribution network and branch footprint across India, with the opening of 23 new branches during 2003, the bank said in a statement.  

It said that the initial phase of the expansion plan would see Standard Chartered entering 10 cities, with the first new branches, opened between Feb 6 and 8, 2003 in Chandigarh, Ludhiana, Jaipur and Lucknow. 

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