HSBC plans custody service for non-crypto digital assetsHSBC said last week it had made tokens representing physical gold held in its London vault. The bank last year launched a digital asset pla...
09 Nov, 2023, 08.53 AM IST
NSDL eyeing to raise Rs 4,500 crore via IPO routeNSDL was incorporated in 1996 after the Depositories Act came into force. The company is likely to raise Rs 4,500 crore from the primary ma...
22 Jun, 2022, 10.38 AM IST
LIC shuns MNC banks as custodiansFor years, Stockholding Corporation of India (SCIL), which is owned by various financial institutions including LIC, served as the custodia...
30 Mar, 2021, 07.21 AM IST
- Mutual Funds outsource more back office jobs
In troubled times, every rupee counts. Faced with shrinking fund management fees because of the comatose stock markets, mutual fund houses ...
31 Dec, 2008, 12.00 AM IST
- SBI gets nod for JV with Societe General for custodial svcs
State Bank of India said it has received Reserve Bank approval for a joint venture with Societe Generale, a large financial services group ...
20 Nov, 2008, 09.23 PM IST
- Tainted past sinks SocGen’s custodial JV plan
One of the largest global securities frauds in recent times that cost French banking major Societe Generale (SocGen) $7 billion early this ...
11 Aug, 2008, 01.32 AM IST
- Reliance Capital up 5% on EPFO mandate
Reliance Capital shares were up 5.39 per cent at Rs 1,285.50 on Wednesday, with the Employees’ Provident Fund Organisation nominating the c...
30 Jul, 2008, 12.28 PM IST
- Rel Cap breaks into pension manage a trois
The central board of trustees (CBT) of the Employees’ Provident Fund (EPF) chose four asset management companies (AMCs) to manage fresh add...
30 Jul, 2008, 08.17 AM IST
- Reliance Capital breaks into EPF management
Around 4.5 crore workers are expected to gain from the cos' asset management expertise on retirement savings. Formula for success
30 Jul, 2008, 08.17 AM IST
- Private cos get an invite for pension play
Central board of trustees of the Employees’ Provident Fund chose four asset management companies (AMCs) to manage fresh additions to the EP...
30 Jul, 2008, 03.45 AM IST
- SBI forays into custodial space with SocGen tie-up
State Bank of India (SBI) on Thursday announced a tie-up with an arm of French bank Societe Generale Group to enter the custodial space. Th...
06 Jun, 2008, 03.20 AM IST
- Indian-origin banker held for scam in UK
The police have arrested and charged an Indian-origin employee of HSBC bank in London for an attempted fraud worth nearly 70 million pounds.
02 May, 2008, 06.44 PM IST
- HSBC's Indian-origin employee charged for scam
The police have arrested and charged an Indian-origin employee of HSBC bank in London for an attempted fraud worth nearly 70 million pounds.
02 May, 2008, 02.24 PM IST
- SBI, SocGen tie up for custody business foray
State Bank of India (SBI) is tying up with French bank Societe Generale (SocGen) for its proposed custodial services business.
17 Jan, 2008, 02.22 AM IST
- SBI to invite expressions of interest from MNCs for non-life foray
Although capital is not a constraint for the bank, RBI is not keen on allowing banks 100% ownership of insurance subsidiaries. Home loan: R...
27 Dec, 2007, 12.00 PM IST
- Global biggies line up for India's R&T pie
With the mutual fund (MF) industry growing at a rapid pace (40% last year), it comes as no surprise that the support structure surrounding ...
01 Jun, 2007, 12.13 AM IST
- Promoters to decide on action against NSDL
A committee of CEOs of the promoter institutions of National Securities Depository (NSDL) will soon take a final view on the course of acti...
09 Jun, 2006, 02.47 AM IST