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Bloomberg

Barclays Targets India’s Richest 1% in Private Banking Boom

Friday, August 28, 2026


Barclays Plc announced plans to expand its private banking operations in India by focusing on high-net-worth individuals, according to the bank's strategy statement. The move comes as global financial institutions increase their presence in India's private banking sector. Barclays joins competitors including other multinational banks already operating private banking divisions in the country.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-28/barclays-targets-india-s-richest-1-in-private-banking-boom

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