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Verified employee & interview reviews
Bengaluru, Karnataka
Australia and New Zealand Banking Group Limited, commonly known as ANZ, has a long-standing history and an established operational footprint in India. The bank first entered the Indian market in 1984 through its acquisition of Grindlays Bank. Although ANZ sold its Grindlays business in 2000, it re-established its direct banking presence in the country by opening a core branch in Mumbai in 2011. Recognizing India as an integral driver of its regional strategy in Asia, the bank subsequently obtained regulatory approval from the Reserve Bank of India to expand its footprint. This led to the commencement of operations in Gurugram in July 2015 and an outer Bengaluru branch in May 2016. Today, ANZ India focuses heavily on supporting institutional and corporate clients, connecting them to business opportunities across nearly 30 markets globally. The core operations of ANZ India are structured around providing a comprehensive suite of institutional banking services. These include Indian Rupee and foreign currency services, working capital loans, and long-term financing. The bank operates through three primary product pillars: Transaction Banking, which covers trade, supply chain logistics, payments, clearing services, and cash management; Markets, which deals with corporate and institutional sales, foreign exchange, interest rate solutions, commodity pricing, and debt capital markets; and Loans and Specialised Finance, which manages structured leasing, asset finance, and export project funding. Administratively, the banking operations are run out of key regional hubs, including the Mumbai branch in Worli, the Gurugram branch at DLF Downtown, and the Devanahalli branch in Bengaluru. Parallel to its core banking license, ANZ runs a massive non-banking technology and shared services infrastructure in India, primarily based in Bengaluru. Operating as a Group Capability Centre, this hub employs approximately 5,000 corporate professionals who deliver technology, software development, and business services supporting ANZ’s global operations in Australia, New Zealand, and broader Asia. Two key corporate entities facilitate these operations: ANZ Support Services India Private Limited, incorporated in September 2007 and headquartered at the Manyata Embassy Business Park in Nagawara, and ANZ Operations and Technology Private Limited, which traces its corporate roots back to December 1988. For the fiscal year ending March 2025, ANZ Support Services India reported an authorized share capital of INR 100 crore and an annual operating revenue estimated between INR 1,500 crore and INR 1,750 crore. Beyond corporate and commercial banking, ANZ India actively participates in community growth and corporate social responsibility initiatives. The organization frequently deploys staff volunteers to run its flagship adult financial literacy program, MoneyMinded, which was introduced to Indian communities in 2012. This program, alongside the MoneyMinded Business Basics training module launched in Mumbai in 2016, helps local individuals and small entrepreneurs develop critical financial knowledge, planning skills, and business confidence.
Shaurya Bhasin
Employee review
Solid work-life balance and managers who actually listen. Would recommend.
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Jasleen Kaur
Employee review
Solid work-life balance and managers who actually listen. Would recommend.
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