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STANCHART INDIA
What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- RBI rate hikes to start in June, says Standard CharteredRBI rate hike: Economists at Standard Chartered anticipate India's central bank will begin raising interest rates as early as June due to e...
- Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
- Federal Bank to acquire 4.5 lakh Standard Chartered card portfolioFederal Bank is set to acquire a significant credit card portfolio from Standard Chartered Bank. This deal involves approximately 450,000 c...
- Standard Chartered to sell bulk of Indian credit cards to Federal BankStandard Chartered is selling a significant portion of its Indian credit card portfolio to Federal Bank. This move aligns with Standard Cha...
- Kotak Mahindra, Federal Bank line-up to acquire StanChart's India credit-card-only customers; Offer review underwayStandard Chartered is considering offers from Kotak Mahindra Bank and Federal Bank for its Indian credit card customers. This move aligns w...
- High single digit revenue growth in January-March quarter: Standard CharteredThe Group had a strong start to the year, with high single digit income growth over the comparative period of 2011...first quarter performa...
- StanChart set to buy RBS' SME business in India, China, MalaysiaStandard Chartered is set to seal a deal to buy Royal Bank of Scotland’s retail and small and medium enterprises (SME) operations in India,...
- StanChart to hire 2,000 professionals in 2009: OfficialStandard Chartered said it has no plans to freeze hiring in India and would recruit around 2,000 professionals this year.
- StanChart stands to gain $100 million as feesMerrill Lynch and Deutsche Bank are advising MTN while Standard Chartered Bank is Bharti’s advisor in its quest to strike the country’s mos...
- StanChart-American Express deal stumbles upon regulatory hurdleRBI is categorical that an NBFC can issue cards only if there is a tie-up with a bank which holds the credit risk.
- StanChart likely to call off AMC deal with UBSStandard Chartered is likely to call off the deal with Swiss giant UBS to take over its asset management operations in India.
- Banks can't hold stake in commodity broking housesThis decision will have an impact on BNP Paribas-Geojit deal.
- StanChart picks 49% in UTI SecuritiesStandard Chartered has entered into an agreement to acquire 49% stake in UTI Securities from the Securities Trading Corporation of India (S...
- Stanchart calls off Bank of Bahrain dealRBI’s refusal to transfer branch licences triggers the move. Gulf bank may retain business.
- UBS to enter India via StanChart MF buyET had first reported that Aviva had walked out of the race and UBS would takeover the AMC.
- Aviva quits StanChart MF raceAs Aviva walks out of the bid, the Swiss banking major UBS leads the race with the second highest bid.
- It's raining dollars for I-bankersGlobal investment banks entering India are pushing up salaries to multi-million dollar levels.
- StanChart fails to get RBI nod for Bahrain bank’s branch licencesStandard Chartered’s acquisition of the Indian operations of Bank of Bahrain and Kuwait (BBK), which is Bahrain’s largest bank, has hit a r...
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