Punit Sood appointed new country head of RBS IndiaFor Sood, this will be his second innings at RBS, where he is returning to lead India operations after a nearly two-year gap. In his new ro...
Infosys' RBS contract loss to hit 3,000 employeesThe cancellation came following RBS' decision to abandon its plan to float a separate standalone UK bank -Williams & Glyn (W&G).
RBS to close 6 of 10 branches from October 1"The remaining four RBS branches (namely Chennai, Kolkata, Mumbai and New Delhi) will close in due course post intimation," RBS said in a n...
RBS India extends maternity leave to six monthsThe Royal Bank of Scotland (RBS) India, a subsidiary of the RBS Group, has extended maternity leave to six months (180 calendar days).
RBS in talks to sell Indian private banking unit to Sanctum WealthRBS has signed a non-binding framework agreement and is now in discussions to sell the Indian private banking unit to Sanctum Wealth.
Ratnakar Bank to buy several of RBS' India businessesRatnakar Bank has acquired RBS commercial and home loan portfolio along with its credit card business in India for an undisclosed sum.
RBS starts shutting down branches, to retrench nearly 1000 staffBritish banking major RBS will be laying-off its employees as it winds down retail and commercial business in the country.
- UK govt mulling move to fully nationalised RBS: Reports
Senior ministers are discussing a potential full takeover of RBS, which is already 82% owned by the govt, the Financial Times said.
IT problems not linked to India outsourcing: RBSUnder intense pressure from customers and others for an IT failure that affected the transactions of millions of customers, RBS has said th...
- RBS to pay Rs 5000 to credit card holder for unjustified billing
RBS has been directed by a consumer forum to pay one of its credit card holders Rs 5k as compensation for demanding payment from him even a...
- HSBC unlikely to absorb all RBS staff in India
"It was once said in the town hall that HSBC had agreed to absorb the entire RBS staff here," said one of the persons who did not want to b...
- CCI approves HSBC proposal to acquire RBS assets in India
CCI has approved the proposal of HSBC to acquire retail and commercial assets of Royal Bank of Scotland and wealth management business of R...
- RBS sells Asia-Pacific equities business to CIMB for $120 million
RBS today said it has reached an agreement with Malaysian financial services major CIMB Group to sell its cash equities.
- HSBC buys RBS’ retail, commercial units
HSBC has struck a deal with Royal Bank of Scotland (RBS) to buy its retail and commercial banking business in India at a premium of $95 mil...
- RBS plans to triple wealth management business in India
According to reports, RBS is currently in talks to divest its commercial and retail business in India to HSBC.
- RBS paid Rs 60 lakh to settle 2004 market crash case: Sebi
Sebi today said it has settled a case against RBS Asia after the banking major remitted Rs 60 lakh as penalty in a case pertaining to the l...
- RBS in talks with HSBC to sell Indian commercial & retail unit
The unit has about 1.3 million customers, 1,800 employees and 28 branches, according to the bank's website. Faysal Bank to acquire RBS Paki...