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Ratnakar Bank to buy part of RBS' businesses in India

Kolhapur-based Ratnakar Bank on Friday said it had agreed to buy Royal Bank of Scotland’s (RBS’) business banking, credit cards and mortgage portfolios in India. The private lender did......

RBS to close 23 of 31 branches in India

Royal Bank of Scotland said it had started the process of consolidating its retail and commercial banking business in India and would close 23 of its 31 branches across the country. The process is......

YES Bank in race to acquire RBS' retail assets

Private lender YES Bank has initiated talks with Royal Bank of Scotland to acquire the latter's retail assets in India.The move comes after RBS failed to close a deal involving sale of its India......

'India is the core market for RBS'

Royal Bank of Scotland has decided to exit its retail and commercial banking operations in India by selling these businesses to Hongkong and Shanghai Banking Corporation.In an interview with......

Leena Gidwani is RBS' market head for W India

The Royal Bank of Scotland Group on Tuesday appointed Leena Gidwani as Market Head, Western Region, for its private banking business in India. Gidwani will be based in Mumbai, overseeing a team of......
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British banking major presses India exit button

BRITISH banking major HSBC on Friday announced shutting down of its private banking business in India making it the second foreign bank to exit... ...
Enterprises should adapt to changing trends, says RBS Vice-President

Enterprises have to change as the affluent young in emerging markets increasingly dominate the market. Businesses have to adapt to this trend, says... ...
RBL Bank's IPO awaits clearance as SEBI examines past violation

Capital markets regulator SEBI is examining past violation by RBL Bank (formerly Ratnakar Bank) as the private lender is awaiting clearance for its... ...
Savvy HNIs churn portfolio often to maximise returns

MUMBAI: Rich investors are churning their mutual fund portfolios more regularly than earlier. The proportion of their average equity holdings with... ...

Singapore's biggest lender DBS Group Holdings and South African banking group FirstRand are in separate talks to buy Royal Bank of Scotland Group... ...

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