RBS India chief Brijesh Mehra to head corporate banking at RBLMehra, who has over three decades of experience of working for foreign lenders, will be reporting to Managing Director and Chief Executive ...
DBS to buy Royal Bank of Scotland’s Indian onshore operations for Rs 1,000 croreThe transaction includes three main parts of RBS’ India operations — a network of 10 branches, corporate loan platform and debt capital mar...
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).
Fair trade regulator CCI clears RBS India-Sanctum Wealth dealFair trade regulator CCI has approved the acquisition of Royal Bank of Scotland Group's India wealth management business by Sanctum Wealth.
3 top executives to buy out RBS' wealth management unitRoyal Bank of Scotland’s wealth management unit in India will see a management buyout by three of its top executives
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.
RBS India pre-tax profit jumps 58 per cent to Rs 662 crore in FY14Royal Bank of Scotland has 10 retail branches, wealth management business apart from wholesale banking and brokerage unit in India
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.
IndusInd, Kotak lead race to buy RBS India retail assetsAccording to sources, IndusInd Bank, Kotak Mahindra Bank, Axis Bank and Standard Chartered Bank are in the fray to acquire the assets.
RBS India to shut 7 branches and restructure retail, commercial banking businessRoyal Bank of Scotland on Friday said it will shut seven bank branches to consolidate its retail and commercial banking business in the cou...
RBS revives plan to sell Rs 3,000-cr retail, commercial businessThis is bank's third attempt in four years as the previous attempts failed; IndusInd Bank, Standard Chartered and Axis Bank seen among suit...
RBS survey sees RBI cutting lending rate by 0.25 pc on FridayOn a possible reduction in the CRR, the survey pointed out that market participants are evenly split between 25 bps cut in CRR and no cut.
RBS to lay off 25% of staff in retail and commercial banking as search for a buyer continuesRBS will lay off a quarter of its workforce and shutter branches, said two people familiar with the plans.
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.
Royal Bank of Scotland's sale of Indian unit to HSBC falls throughRBS agreed to sell the business to HSBC in July 2010, but the deal lapsed. It has 31 branches and 400,000 customers, with assets of 190 mn ...
Malaysia Bank CIMB to buy Royal Bank of Scotland's India divisionsMalaysia's largest lender CIMB may sign deal for UK bank's corp finance, i-banking and institutional broking business next week.
- 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...