Barclays To Invest More Than $400 Million To Expand India Operations

Barclays said the investment would help grow its corporate and investment banking, and private clients businesses in the country.

Barclays Plc will invest more than Rs 3,000 crore or $403.99 million in its India unit to expand operations, the British lender said on Thursday. With the investment, Barclays Bank Plc India's total invested capital in Asia's third-largest economy will increase to more than Rs 8,300 crore. Barclays said the investment would help grow its corporate and investment banking, and private clients businesses in the country.