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Barclays Bank infuses Rs 3,000 cr in India operations

Thursday, 26 Aug 2021
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Barclays Bank has infused about Rs 3,000 crore as capital in its banking operations in India (Barclays India) to accelerate its growth in corporate & investment banking, and private clients businesses.

The expansion in Tier-1 capital reinforces Barclays’ commitment to India. With this infusion, the bank’s total invested capital in the country will increase to over Rs 8,300 crore.

Barclays India mainly lends to corporates with exposures largely to highly-rated clients and subsidiaries/operations of multinational companies.

As part of its expansion plans in the country, Barclays Bank also inaugurated its International Banking Unit branch at GIFT City in Gujarat in February 2021.
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