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RBI probes banking gaints on money laundering charges

A shocking revelation that banking giants HSBC and Standard Chartered are suspected to have laundered money for drug cartels has prompted an in-depth inquiry by Indian investigation agencies. The......

StanChart looks to shed $1.4-billion loans in India

  Standard Chartered is looking to shed stressed loans worth $1.4 billion (Rs 9,284 crore) made to Indian firms, including the GMR group, to revamp its asset book. According to Bloomberg, the......

Can the new India CEO Zarin Daruwala lift fortunes of StanChart?

A veteran of 26 years with ICICI Bank, 50-year-old Daruwala resigned on November 17. As India CEO of Standard Chartered, Daruwala will report to Ajay Kanwal, regional CEO, Asean & South Asia. When......

Why Deutsche Bank's little jewel in India was spared the axe

Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc. Image: Anshu Jain had to resign after criticism from investors. Photograph:......

StanChart to axe 15,000 jobs, raise $5.1 billion in turnaround plan

This is part of an 'aggressive and decisive set of action' to shore up the company.  Standard Chartered said it would axe 15,000 jobs and raise $5.1 billion by selling new shares as its new......

StanChart CEO plans to cut about 1,000 top staff

Disposals also likely, clients to be cut - CEO memo to staff Standard Chartered's new Chief Executive Bill Winters plans to cut up to a quarter of the bank's most senior staff to reduce costs,......

StanChart extends $30 Million/Year Liverpool sponsorship

Asia-focused bank Standard Chartered has extended its sponsorship of Liverpool Football Club for two years, continuing one of the most lucrative deals in English sport. Standard Chartered, which is......

Cricket South Africa to honour Tendulkar

Cricket South Africa (CSA) will honour Indian cricket legend, Sachin Tendulkar, at the historic Standard Bank International Pro20 match at the Moses Mabhida stadium in Durban on January 9,......

'Weather would be a worry'

The Standard Chartered Mumbai Marathon 2006 received a tremendous boost when celebrities from various walks of life got together at the Hotel Hilton Towers in Mumbai on Tuesday to promote Asia's......
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IFX Forum "Open Banking APIs Summit" Scheduled June 21-23 Near Minneapolis

From the Wires May. 25, 2016 03:05 PM May 25, 2016 The IFX Forum announced today that registration is now open for its Open Banking APIs... ...

http://in.sys-con.com/node/3829745
Redefining bankruptcy

India is on the verge of enacting a landmark legislation which can completely change the way bankruptcy and insolvency have been dealt with in the... ...

http://www.thehindubusinessline.com/opinion/redefining-bankruptcy/article8646252.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
THE BIOTECH GROWTH TRUST PLC - Final Results

LONDON STOCK EXCHANGE ANNOUNCEMENT The Biotech Growth Trust PLC Audited Results for the Year Ended 31 March 2016 The Company's annual... ...

http://in.advfn.com/p.php?pid=nmona&article=71573873
5 more banks join Apple Pay in Singapore so we can all ..

Share this news on - 26 mins ago | Posted By: pampa Sharma SINGAPORE — Now many more Apple users here can pay in stores with their iPhones... ...

http://www.techgig.com/tech-news/editors-pick/5-more-banks-join-Apple-Pay-in-Singapore-so-we-can-all-finally-use-it-44220
Here's why Banks have still not cut rates, despite the RBI's 150 points rate cut over last year

India's central bank has stepped up fund injections in the two months since Governor Raghuram Rajan pledged to gradually erase a cash deficit in... ...

http://www.businessinsider.in/Heres-why-Banks-have-still-not-cut-rates-despite-the-RBIs-150-points-rate-cut-over-last-year/articleshow/52432676.cms

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