Standard Chartered Bank commenced operations in India in 1858, with its headquarters in Mumbai, and serves 2 million retail customers and over 2,500 corporate clients through 100 branches and 279 ATMs. The bank reported a significant year-on-year growth of 93% in profit before tax for the financial year ending March 31, 2015, amidst challenges like rising loan impairments and large credit risks. Notably, the bank has reorganized its corporate structure to cut costs and improve efficiency, aiming for substantial cost savings by the end of 2017.

1. Company Profile
Standard Chartered Bank – India
Operations

2. Brief Overview – Standard Chartered Bank, India
• Started Operations in India on April 12, 1858
• Current headquarters - Mumbai
• SCB India (SCBI or the Bank) is a privately held branch of Standard Chartered Bank
UK, which is part of the Standard Chartered PLC, a London based Banking Group
• India's largest international bank with a strong footprint –
 100 branches and 279 ATMs across 43 cities
 Combined Customer Base – 2 million retail customers and more than 2,500
corporate and institutional relationships
 Number of Employees - 18,000
• As of latest reported financial year-end (March 31, 2015), the Bank managed a
growth in its total income by 4% y-o-y and profit before tax rose up by 93% y-o-y
Source: Company Websites – Standard Chartered PLC, Standard Chartered Bank – India Branch,
Annual Report 2014-2015

3. Board and Management
Zarin Daruwala,
Chief Executive Officer,
Standard Chartered Bank, India
Anurag Adlakha,
Chief Financial Officer/Acting CEO,
India
Ajay Kanwal,
Chief Executive Officer,
ASEAN & South Asia Region,
Standard Chartered Bank, UK
Source: Company Website - Standard Chartered Bank – India Branch,

4. Organization Structure
• Effective July 15, 2015, the Group reorganised its corporate structure with
a view to cut costs and improve efficiency
• Four regional businesses three client businesses, which will report to
Group CEO Bill Winters.
• The Asia-focused lender aims –
 Simplification of its geographic and client segment structure to reduce
costs and bureaucracy and speed up decision making
 To deliver the previously announced US$1.8bn (£1.2bn, €1.7bn) of cost
savings by the end of 2017."

5. Group Chief executive
Greater China &
North Asia
ASEAN &
South Asia
Africa &
Middle East
Europe &
Americas
Australia
• Bangladesh
• Brunei
• Cambodia
• India
• Indonesia
• Laos
• Malaysia
• Myanmar
• Nepal
• Philippines
• Singapore
• Sri Lanka
• Thailand
• Vietnam

6. Company Hierarchy
Standard Chartered Plc
(Ultimate Parent Company)
Standard Chartered Holding Ltd.
(Parent Company)
Standard Chartered Bank, UK
(Head Office)
Standard Chartered Bank, India
(Branch)
Source: Company Annual Report 2014-2015

7. Subsidiaries
Standard Chartered Bank,
India
Standard Chartered
Securities (India) Ltd
Standard Chartered
Private Equity Advisory
(India) Private Limited
Standard Chartered
Investments and
Loans (India) Limited.
Source: Company Annual Report 2014-2015

8. Operations & Segments

9. Operational highlights in 2015
• Total Income (net of interest expense) at ` 88.65
billion - up 4 per cent
• Profit Before Tax at ` 46.99 billion: up 93 per cent
• Profit after Tax at ` 30.51 billion: up 93 per cent
• Net NPA ratio: 0.34 per cent
• Provision Coverage Ratio: 97 per cent
• CET1 ratio improved from 10.5 per cent to 11.8
per cent
Source: Company Annual Report 2014-2015

10. Group Financial Performance
(` in 000s)
(Figures in Rupees)
Year Ended
March 31, 2015
Year Ended
March 31, 2014
Year-on Year
Change (%)
Interest Earned 101,420,187 99,790,881 1.63
Other Income 32,819,620 31,454,003 4.34
Gross Revenue 134,239,807 131,244,884 2.28
Interest Expended 45,588,921 45,925,233 (0.73)
Operating Expenses 29,519,457 32,050,639 (7.8)
Operating Profit 46,993,948 24,339,215 93.08
Income Taxes (16,479,475) (8,498,085) 93.91
Net Profit 30,514,473 15,841,130 92.63
Total Assets 1,317,396,763 1,310,009,638 0.56
Total Liabilities 1,317,396,763 1,310,009,638 0.56
Depreciation 863,100 995,129 (13.27)
Net Interest Margin 55831266 53865648 18.39

11. Non Performing Advances
(` in 000s of INR) Year Ended
March 31, 2015
Year Ended
March 31, 2014
Year-on Year
Change (%)
Sub Standard 10,748,560 15,412,643 30.26
Doubtful 28,560,066 15,982,002 78.70
Loss 27,255,174 26,431,823 3.11
Gross NPAs 66,563,800 57,826,468 15.11
Provisions (64,257,397) (54,762,994) 17.34
Net NPAs 2,306,403 3,063,474 (24.71)
Cover ratio (%) 96.54% 94.70%
Gross NPAs to gross
advances (%)
8.90% 7.82%
Net NPAs to net
advances
0.34% 0.45%

12. Risk weighted assets and
contingents
(` in 000s)
(Figures in Rupees)
Year Ended
March 31, 2015
Year Ended
March 31, 2014
Year-on Year
Change (%)
Credit risk 1,465,920,821 1,249,157,572 17.35
Market risk (including
counterparty/settlem
ent risks)
110,610,068 92,558,872 19.50
Operational risk -
Basic indicator
approach
133,350,593 121,726,154 9.55
Total Risk weighted
assets and
contingents
1,709,881,482 1,463,442,598 16.84

13. Capital ratios
Ratios (in %) Year Ended
March 31, 2015
Year Ended
March 31, 2014
Common Equity Tier 1
capital
12.6 10.52
Tier 1 capital 14.1 11.4
Tier 2 capital 5.4 5.3
Total capital 19.5 16.7

14. Key Client Segments
• Corporate & Institutional Clients –
 Leverage our geographic spread to capture cross-border flows into and out of
the country
 Enhance client cross-sell by expanding the products offered
 Focus on flow business & Balance sheet management
• Commercial & Private Banking Clients
 6,000 client relationships in Commercial Banking
 Largest foreign bank in India in this space
 Facilitate projects and assist in Social-funding (Brij Healthcare and Research
centre and Kolkata Comprehensive Eye Care Project)
• Retail Clients
Since April 1, 2014, The Group’s two businesses, Wholesale Banking and
Consumer Banking, have integrated to form one business, organized into the
following three customer segment groups and serviced by five global product
groups -

15. Product Offerings
• Retail
 Deposits
 Savings
 Mortgages
 Credit cards
and personal
loans
 Other retail
banking
products
• Wealth Management
 Managed investments
 Insurance
 Currency
 Securities
• Transaction Banking
Cash management (Payments
& Collections)
Trade Solutions & Money
Transfers
Securities holdings products
Trade finance products
• Corporate Finance
 Financing
 Strategic Advice
 Mergers and Acquisitions
 Equity and principal financing
• Financial Markets
 Investment services
 Risk management
 Debt capital services

16. End Markets Served by
Product
Transaction Banking -
Insurance, Pharma,
Electronics, Aerospace,
Corporate Finance -
Beverages, Utilities,
Food Processing
Commercial Clients –
Chemicals, Auto
Components, Commercial
Real Estate, Infrastructure,
Pharma, Construction & Engg
and Electricals
Private Banking –
Provides tailored services
around 1400 families and
4200 clients across
Mumbai, Delhi, Bangalore,
Kolkata and Chennai

17. Recent Corporate & Institutional
Client (CIC) Coverage

18. Segmental Performance
As per the latest financial year-end annual figures, the
financial data have been reported into the following 4
segments –
•Treasury Services
•Wholesale Banking
•Retail Banking
•Others

19. Treasury Services
Treasury activities include foreign exchange, fixed income, money market and
derivative transactions
(` in 000s of INR) Year Ended
March 31, 2015
Year Ended
March 31, 2014
Year-on Year
Change (%)
Gross Segment
Revenue 42,521,009 36,664,273
15.97
Net Segment
Revenue 39,357,477 35,350,156
11.34
Net Segment
Results 35,577,962
29,814,689 19.33
Segment Assets 570,971,472 586,368,083 (2.62)
Segment Liabilities 372,368,699 380,498,971 (2.14)

20. Wholesale Banking
• Includes Local corporate financing
• Corporate Advisory
• All advances to trusts, partnership firms companies and statutory bodies, which
are not included under the “Retail Banking” segment
(` in 000s) Year Ended
March 31, 2015
Year Ended
March 31, 2014
Gross Segment Revenue
Net Segment Revenue
Net Segment Results
Segment Assets
Segment Liabilities
(` in 000s of INR) Year Ended
March 31, 2015
Year Ended
March 31, 2014
Year-on Year
Change (%)
Gross Segment
Revenue
66,706,255 64,676,706 3.14
Net Segment
Revenue
32,418,033 27,173,002 19.30
Net Segment
Results 8,616,462
(9,346,645) 192.19
Segment Assets 528,104,651 497,735,423 6.10
Segment Liabilities 479,561,186 446,004,532 7.52

21. Retail Banking
• Serving retail customers through the branch network and other delivery channels.
• Raising deposits from customers and makes loans and provides other services to
such customers
• Activities relating to credit cards, debit cards, mortgage loans, third party product
distribution and their associated costs
(` in 000s of INR) Year Ended
March 31, 2015
Year Ended
March 31, 2014
Year-on Year
Change (%)
Gross Segment
Revenue
24,968,123 28,071,683 (11.06)
Net Segment
Revenue
18,158,319 21,679,614 (16.24)
Net Segment
Results 3,274,332
4,612,147 (29.01)
Segment Assets 166,454,474 178,528,912 (6.76)
Segment Liabilities 458,635,988 476,781,527 (3.80)

22. Other Operations
(` in 000s of INR) Year Ended
March 31, 2015
Year Ended
March 31, 2014
Year-on Year
Change (%)
Gross Segment
Revenue
44,420 1,832,222 (97.58)
Net Segment
Revenue
(1,282,943) 1,116,879 (214.86)
Net Segment
Results (474,808)
740,976 (164.08)
Income Taxes (16,479,475) (8,498,085) 93.92
Segment Assets 51,866,166 47,377,220 9.47
Segment Liabilities 6,830,890 6,724,608 (3.80)
Capex to
acquire Fixed
Assets
676,256 686,810 (1.54)
Depreciation 863,100 995,129 (13.26)
Others include Corporate Real Estate Services and other items not allocable in
the aforementioned segments

23. Key Current Issues
• Large Credit Risk – $5 billion of domestic lending classified as
at risk of defaulting
• Lower Income in the Retail Banking owing to reduction in
interest rates by Reserve Bank of India (RBI)
• Rising loan impairments - (a 475 % increase since H2 2013) as
shown below (excluding restructuring charge)
• Reduced Portfolio Exposure in Corporate & Institutional and
Commercial Banking (Total exposure US$30bn, down 13%
YoY)

24. Key Current Issues - Loan Impairments & Reduced
Exposure
H2
2013
H1 2014 H2 2014 H1 2015 H2015 Trend
Loan Impairments
(in US $ millions)
82 56 115 483 472 475% increase
in loan
impairments
since H2 2013
Growth in Loan
Impairments (%)
- 31.7 % 105% 320% (2.2%)
CIB/CB exposure 42.0 37.7 34.7 34.9 30.2 28 % decrease
in exposure
since H2 2013
Trend in Exposure - (10.23 %) (7.96 %) 0.57 % (13.47 %)

25. Key Current Issues
• Stress Tests – The Bank’s Parent was found to be weak as per the results
of its latest U.K. bank stress test held last December. As a result, further
structural capital raisings are more likely to be curtailed
• Low refinancing appetite from local banks thus reducing lending and
income
• Increase in provisioning, largely to reflect lower commodity prices as well
as further deterioration in India

26. Website Link Citations
• https://www.sc.com/in/about-us/en/about-us.html
• https://www.sc.com/en/about-us/standard-chartered-worldwide/asia/india.htm
• https://www.sc.com/uk/contact-us/
• https://www.sc.com/en/news-and-media/news/asia/2015-10-17-Zarin-
Daruwala-appointed-CEO-India.html
• http://www.ibtimes.co.uk/standard-chartered-rejigs-organisation-
structure-cut-down-regions-4-1511613
• http://www.livemint.com/Companies/RPIgMyNZ6WnLbrihkoOt7I/Standar
d-Chartered-names-Zarin-Daruwala-as-new-India-CEO.html
• https://www.sc.com/en/news-and-media/news/global/09-01-2014-
reorganisation-and-changes.html