When it is about money, Kolkata is the place that has it.
Kolkata is one of the four metropolitan cities of India. The city is
a leading economic centre with a vast network of finance and trade.
The city constitutes an important industrial city and a major port
of Indian sub continent. The city is one of the largest jute
producing in the world. Kolkata's other resources include minerals
like coal, iron, manganese, petroleum, tea and mica. The city also
generates a great revenue from printing, publishing and circulation
industry. The region also has many heavy industrial plants grounded
in its territory.
The stock exchange of Kolkata is one of the driving forces of
Indian financial market system. A number of international banks
operate from the city. Some important bases include Bengal
Chamber of Commerce and Industry, Bengal National Chamber of
Commerce and Industry and Indian Chamber of Commerce.
The private sector units like stock exchange, medical and
educational services, chamber of commerce etc., has accomplished and
secured a good position as a developed city.
The Reserve Bank of India and State Bank of India have main
branches in the city. A number of foreign and scheduled Indian banks
provide services in the city. The foreign banks functioning in the
city include ABN Amro Bank, ANZ Grindlays Bank Ltd, Banque
Nationale de Paris, Hong Kong and Shanghai Banking Corporation Ltd,
American Express International Banking, Bank of America, Deutsche
Bank, Standard Chartered Bank. Some scheduled banks from the
region are United Bank of India, Allahabad Bank, Andhra Bank,
Bank of India, Bank of Maharashtra, Canara Bank, Indian Overseas
Bank, Union Bank of India, Central Bank of India etc. Other
government participating banks like UTI, ICICI, HDFC and
IDBI also render their services. There are numerous
automatic teller machines (ATM) installed throughout the city.
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