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Best India Banks for Operating Account / Remote Administration from US

Hi, our company is setting up an Indian sub and needs to choose a bank to run monthly operating expenses/payroll through (1 wire a month) and keep a minimal balance other than that. This will be administered from the US. Any recommendations for the best banks to run this through (e.g. best balance of fees to functionality to security)? Have any of you used: http://www.kotak.com/small-business/current-accounts/global-trade-current-account.html or http://icicibank.com/ Any other recommendations? thanks,

Answers

Anonymous
(Founder & CEO ) |

I would suggest HDFC bank Ltd which is one of the big best private banks in India. I have had positive and pleasant working experience with them. You may try

Anonymous
(Finance Director) |

Thanks. HFDC has been recommended to me by another party as well. Ill definitely check them out.

Wondering also if anyone has tried Bank of America's India branch too?

Andrea Bornschlegel
Title: Fractional CFO/Controller
Company: Financial Consultant
(Fractional CFO/Controller, Financial Consultant) |

Original poster: can you share any additional information from your research, what you did for your India current account, and how it has worked out for you? Thanks in advance.

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