RBS has signed a non-binding framework agreement and is now in discussions to sell the Indian private banking unit to Sanctum Wealth.

British bank may either wind down its corporate banking business and could convert into a representative office in India with a focus on de...

"Further promotion based on this cadre restructuring should be carried out after the issue is resolved with the DoPT and MoF."

The derailment detector devices, a first for Indian Railways, will be fitted in three Rajdhanis and two Shatabdi trains on a pilot basis.

The Finance Ministry had written to Railways to "revoke" its decision for promoting these officials through cadre restructuring.

A number of officials were being given SAG grade in RBSS, despite they being recruited in group 'B' service, without following necessary re...

CIMB Bank, owned by Khazanah Nasional Berhad, has hired 40 staff for the build-out of its investment banking and cash equities biz in India

Homegrown deal makers are hopping overseas, tracking their clients who are expanding globally.

“We can confirm that the Reserve Bank of India is agreeable to the transfer of our retail and commercial businesses in India to HSBC,” RBS ...

RBI is against an automatic transfer of RBS's branch offices in India to HSBC. HSBC would have to apply for new branch licences.

RBS Group CEO Stephen Hester feels Indian companies and entrepreneurs are not capitalising on the scale of the market that India represents...

This is the largest UK regulatory penalty against a financial institution, for giving confidential pricing data to Barclays. A personal bud...

HSBC, which is among the top five foreign banks in India, has stepped in to buy RBS’ leftover assets in the continent, including Malaysia a...

RBS Group, the UK’s second-biggest bank, posted a smaller loss than analysts estimated and said the £5.9 billion of writedowns it announced...