<p>“Barclays India regretfully confirms that 121 of its employees from across the bank have been relieved from their duties,” a Barclays spokesperson told PTI in an emailed statement. <br /><br />Reiterating its commitment to India operations, Barclays India said: “We continue to be fully committed to our long term plans in the country. As a 300-year-old bank, we take our country investments very seriously. We are fully committed to growing our business in India and fully intend to continue to invest in India – be that in infrastructure or people.”<br /><br />Barclays India, which is part of British banking giant Barclays Plc, has six entities operating in India employing more than 5,000 people.<br /><br />For the past 30 years Barclays has been operating in India. Over the past two years, Barclays Bank Plc has invested over 240 million pound on growing its Retail and Commercial Banking (GRCB) businesses in India.<br /><br />It currently provide services to over 9,00,000 clients and customers nationwide. Barclays believes India plays an extremely important role in building and diversifying its Emerging Markets business.</p>
<p>“Barclays India regretfully confirms that 121 of its employees from across the bank have been relieved from their duties,” a Barclays spokesperson told PTI in an emailed statement. <br /><br />Reiterating its commitment to India operations, Barclays India said: “We continue to be fully committed to our long term plans in the country. As a 300-year-old bank, we take our country investments very seriously. We are fully committed to growing our business in India and fully intend to continue to invest in India – be that in infrastructure or people.”<br /><br />Barclays India, which is part of British banking giant Barclays Plc, has six entities operating in India employing more than 5,000 people.<br /><br />For the past 30 years Barclays has been operating in India. Over the past two years, Barclays Bank Plc has invested over 240 million pound on growing its Retail and Commercial Banking (GRCB) businesses in India.<br /><br />It currently provide services to over 9,00,000 clients and customers nationwide. Barclays believes India plays an extremely important role in building and diversifying its Emerging Markets business.</p>
