Fierce competition may have forced Standard Chartered Bank to exit personal loans
- Posted on October 22, 2024
- By Financial Express
- 1 Views
Fierce competition may have forced Standard Chartered Bank to exit personal loans
Experts see this deal as part of a broader trend of foreign banks exiting retail banking in India over the past 15 years. During this period, several major foreign banks, including Barclays, Deutsche Bank, and BNP Paribas, have withdrawn from the retail banking sector.
