World famous banking chief Barclays has a proposal of getting a dual digit market share in Indian Retail Segment and the banking chief had invested US $70 Million into India’s retail acts.
In spite of giving late entry into the retail segment, Barclays aims to make a burly blot in sub-continent. Samir Bhatia, MD of Indian Ocean said to www.propertykhazana.com that, “They are intended to start a new branch in Gujarat by coming year. Barclay’s knows the customers well and are awake of the products demanded by this market and the company has been rising well from its start in the retail sector. Till now, Barclays has four branches in India in Delhi, Bangalore, Mumbai and Chennai and the fifth branch is about to start by the coming New Year in Junagarh.”
As per the source saying @ the www.propertykhazana.com Bank is a burly player in the investment banking sector and has now introduced US $300 Million to prepare this share face rivalry from other players. When asked that Barclays will take on inorganic growth in the country, Bhatia told @ the www.propertykhazana.com that, “It is too early to mention about the matter.” Barclays is the initial bank to launch ATM’s in 1967 and also initial issuer of credit card in UK. Bank has approximately 27 Million customers international and employee power of around 1, 27,000.
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