Postal stamp to mark Standard Chartered's 150th anniversary

The Government of India has honoured Standard Chartered Bank, the country's first and largest international bank, by launching a commemorative postal stamp to mark Standard Chartered's 150th anniversary at Rashtrapati Bhavan, the official residence of the President of India.

The stamp was released by the President of India in the presence of Member Postal Services Board along with Peter Sands, Group Chief Executive, Standard Chartered PLC and Jaspal Bindra, Chief Executive, Asia.

"Standard Chartered is honoured by this immense recognition received from the Government of India. We are deeply grateful to President Pratibha Patil for this gracious gesture," Sands said.

"This stamp is a recognition of the Bank's commitment and contribution to this country.

India is one of the most valuable countries in Standard Chartered's network. We began our journey with this country, opening our first branch in Kolkata 150 years ago.

Today, we are the country's largest international bank with 90 branches across 33 cities. We are committed to India and will continue to grow and contribute to the country's prosperity."