Foreign banking player, Standard Chartered Bank has declared that it would be hiring as many as 2500 people for its Indian operations this fiscal.

"We hire people to meet our growth needs. In 2010, we will hire around 2,500 people for India business. The number was similar last year," Standard Chartered's India chief executive officer Neeraj Swaroop said.

On a global note, the bank has plans to hire 75000 people under its name. The bank has plans to widen its branch network in the Indian subcontinent and awaits an approval for the same.

"The number of branches that we can open are driven by the RBI license. We would be opening 100 new ATMs by August this year and take the total number to 350," Swaroop said.

For the fiscal last ended, the Indian operations of the bank have earned 20% of the total profit before tax for the bank. India contributed to 1.06 billion dollars in the profits of the bank.

The bank is currently looking forward to raising capital amounting to 750 million dollars through the issue of Indian Depository Receipts (IDR).