ABN Amro eyes No 1 slot

Global banking powerhouse ABN Amro, which over a period of time will operate in India under the Royal Bank of Scotland (RBS) brand, aims to capture the number-one slot among foreign banks in the country, according to its newly appointed India chief.

A Royal Bank of Scotland (RBS)-led consortium comprising the Fortis group and Spain's Banco Santander had recently taken over the Dutch bank for ¤71 billion.

"We will like to be the number-one foreign bank in India and are drawing up a road map... The plan with a specific time-frame... should be clear by the New Year," ABN Amro Bank's Country Executive Meera H Sanyal said today.