Barclays Bank PLC has set foot in Andhra Pradesh with the opening of its first branch in Rajahmundry.

The branch was inaugurated by Mani Subramanian, CEO, Barclays Bank PLC in India , Karan Bhagat, Managing Director and Country Head, Barclays Corporate in India and Suvrat Saigal, Director Consumer Banking, Barclays Corporate in India.

With this branch, the bank has become the first multinational bank to offer a whole range of products and services to customers in Rajahmundry.

Mani Subramanian, CEO, Barclays Bank PLC in India said, ``We are extremely happy to inaugurate this new branch in Rajahmundry , especially as the first foreign bank to offer world class banking services. Barclays Bank PLC is committed to India and this branch is yet another milestone in our efforts to strengthen ties with the country.``

Speaking on the occasion, Karan Bhagat, managing director & Country Head, Barclays Corporate in India , said, ``I am delighted to inaugurate our branch in Rajahmundry . The opening of our branch in Rajahmundry marks a significant milestone in the history of Barclays in India and further reinforces our commitment to the country. Rajahmundry is home to some of the finest organizations in the textiles sector. We are glad to be able to offer discerning customers in the retail and commercial segments a bouquet of products and services that are in sync with their needs.``

Suvrat Saigal, Director Consumer Banking, Barclays Corporate in India said, ``Barclays is committed to setting new standards in banking wherever it operates. This is a promise we wish to live up to in Rajahmundry as well. We are extremely glad to be here and look forward to being of service to everyone. We are confident that our global expertise and product suite will meet the needs of our customers in Rajahmundry.``