MEMBERS AREA

The official inauguration of ANZ's first branch in Mumbai took place on 13 September 2011 in the presence of the High Commissioners of Australia and New Zealand, members of ANZ's management board, AIBC's leadership and other well-wishes of the bank.  AIBC was represented by John Pereira, President Vic Chapter, Dipen Rughani, President NSW Chapter and Natasha Malani, General Manager. ANZ also hosted a glittering gala dinner later that evening for clients, staff and diplomats in Mumbai.  That India is very key to ANZ's growth strategy and enjoys a great reputation there was clear.  India CEO Subhas DeGamia thanked clients and well-wishers for their unwavering support and acknowledged the guidance and counsel provided by the government, regulators and service partners.

ANZ commenced banking business in India in June 2011.  The India branch supports Corporate and Institutional clients in India and provides greater access to the Indian markets for ANZ's global network customers.  It offers clients a full range of rupee and foreign currency products and services, working capital and term financing, cash management and trade products, foreign exchange and interest rate solutions, as well as deposits and advisory services.