ANZ Banking Group
(ASX:ANZ) is expanding into India with the opening of new branch in Gurgaon as part of its super regional strategy.
The bank says it is one of Australia’s largest investors in India and the new branch will be in one of the fastest growing industrial and commercial centres in the nation.
ANZ hopes the branch will better connect business customers in North India with growing trade and investment flows within the region.
The new branch adds to ANZ’s existing branch presence in Mumbai and comes as the bank opened a new operations, technology and shared services hub in Bengaluru.
ANZ Banking Group reported a net profit of $3.51 billion in the first half of the 2015 financial year.
