It is a pity that he does not take his youth influencer role more seriously and align his brand endorsements more responsibly, notes Kanika Datta.
A first-ever study conducted jointly by Outlook Money and TNS.
Bank would exit from cash equities, corporate broking, equity capital markets, and mergers and acquisitions businesses.
Hardik Pandya is touted as a possible captaincy option for Mumbai Indians in the future.
Move comes after bank's failure to close deal with HSBC.
A consortium of Indian public sector banks led by SBI sought a bankruptcy order against embattled liquor tycoon Vijay Mallya during a high court hearing in London on Wednesday as part of efforts to recoup around 1.145 billion pounds in unpaid loans. Mallya's legal team, led by barrister Philip Marshall, argued for the bankruptcy petition to be dismissed because their client was being unfairly pursued by the banks in India and the UK on opposing grounds.
The job cuts comes in the wake of the banking sector, especially investment banking activities, facing difficult times amid the persisting European debt turmoil.
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
In an interview with Malvika Joshi and Somasroy Chakraborty, Madan Menon, RBS' chief executive for Singapore and Southeast Asia and head of global banking and markets in India, shares the bank's plans.
Ratnakar Bank to absorb RBS' employees involved in three businesses
Banker-turned-politician Meera Sanyal on why she joined politics, her plans for South Mumbai, women's empowerment and the promise of the Aam Aadmi Party.
Riding high after an emphatic victory against Kings XI Punjab, a rejuvenated Delhi Daredevils will aim at posing a serious challenge to a formidable Royal Challengers Bangalore when the two teams square off in an Indian Premier League (IPL) encounter in Bengaluru on Sunday.
The deal is stuck because the Reserve Bank of India has declined to transfer the branch licences of RBS to HSBC.
Virat Kohli will be in focus as Royal Challengers Bangalore look to strengthen their claim for an IPL play-offs berth in their must-win match against laggards Sunrisers Hyderabad.
Did you know that your home insurance covers valuables in bank locker?
You can have a traditional Diwali celebration with your family at these special spots.
The Hongkong and Shanghai Banking Corporationon Friday announced it will acquire the Indian business of Royal Bank of Scotland worth $1.8 billion, a move that will help the British giant gain greater exposure in the country.
Gidwani will be based in Mumbai, overseeing a team of 15 staff comprising private bankers and client relationship associates, a statement issued by the bank in Mumbai said.
Batting legend Sachin Tendulkar had budding young cricketers enthralled at the Singapore Cricket Club as he explained the finer nuances of the game on Tuesday.
Wages as percentage of the total expenses for the ABN Amro Bank, which is in the process of selling its retail and commercial banking operations in the country, shot up from 19.91 to 25.61 per cent during the year, reveals an RBI analysis of the banking sector in the country.
With the US housing and labour markets on the mend, the healing looks more durable, say RBS's Sanjay Mathur and Louis Kuijs.
Everything about Sharmila was a gift from the Divine: The graceful way she twirled her paintbrush, the naughtiness with which she teased his desperate attempts at cooking her favorite dishes, the gentleness when her lips touched his, the softness of her hair as it fell on his face, the flowery smell of her perfume when he nuzzled her neck, the mole near her quivering lips that he kissed every opportunity he got.
With MI no longer the dominant force it used to be in the last couple of IPLs and Rohit also not among the runs, plans were hatched after IPL 2023 to bring about some major changes.
With over 3,000 species of plants, 26 interconnected lakes and the 250-year-old Great Banyan Tree -- the largest in the world -- the Indian Botanic Garden is a veritable treasure, discovers Payal Singh Mohanka.
Similarly, 51 per cent of 105 market participants polled by RBS said they do not expect a CRR cut in the quarterly policy announcement next Tuesday.
The Royal Bank of Scotland (RBS) on Thursday said that it will sell its retail and commercial banking business along with a part of its global banking and markets (GBM) division in India as part of the global restructuring exercise aimed at focusing on core markets such as the United Kingdom, the United States and Ireland.
What Meera Sanyal has learned from her unsuccessful 2009 Lok Sabha campaign. In her own words.
For returning to trend growth of over eight per cent GDP growth and sustained low inflation of four per cent, removal of supply-side constraints and investor-friendly policy reforms are key, says Rajesh Cheruvu, Chief Investment Officer, India, RBS.
Mallya said, the ED on the one side and the banks on the other are fighting over the same assets.
Cash-strapped Royal Bank of Scotland is reviewing its branding agreement with cricketer Sachin Tendulkar a year into the deal.
Foreign lender Royal Bank of Scotland on Thursday said RBI is likely to hike its policy rates by up to one percentage point this year even as the headline inflation is likely to fall to 6-7 per cent on the back of a good monsoon.
Standard Chartered pulled out of the negotiations over valuation issues, according to sources. They say it was willing to pay up to $250 million, a figure that apparently fell far short of RBS' s expectations.
At present, the bank has around 10,000 employees in India, with 7,500 in Aces, its business process outsourcing unit and product development centre, while another 500 are in the non-retail banking units, who would be retained. This is part of its strategy to focus on key markets after the sale of its retail and SME banking business. The unit had contributed around 30 per cent of RBS's revenue from its India and Asia-Pacific operations.
Legends Brian Lara and Muttiah Muralitharan plotted the course for Sunrisers Hyderabad, while Sri Lankan great Kumar Sangakkara led the way for Rajasthan Royals.
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
Banks are increasingly offering a range of tailor-made financial products; however, there are some downsides.
The report, 'The roots of growth: Projecting EM infrastructure demand to 2030', produced jointly by Cambridge Judge Business School and the Royal Bank of Scotland, predicts that the emerging world will need to spend $20 trillion dollars on infrastructure over the next 20 years.
England players were in demand as batter Harry Brook earned a Rs 13.25 crore winning from Sunrisers Hyderabad.
The US owners of Premier British League Football team Liverpool are looking to sell the club and have appointed Barclays Capital to find a buyer, a source familiar with the matter said on Sunday. American businessmen Tom Hicks and George Gillett are facing a demand to repay 100 million pounds ($153 million) of the club's 237 million pounds debt to its lenders, Royal Bank of Scotland and US bank Wachovia, in July.
Nirav Modi, the fugitive diamond merchant wanted in India to stand trial on fraud and money laundering charges, told a UK court on Thursday that he could be in England for years as some ongoing proceedings prevent his extradition. The 52-year-old former billionaire appeared for a hearing at Barkingside Magistrates' Court in east London via video link from Thameside prison in relation legal costs, or fines, amounting to GBP 150,247.00, accrued over his failed extradition appeal proceedings in the London high court. Dressed in a pink prison-issue outfit and sporting a moustache, a plump and bald Nirav addressed the three-member magistrates' bench to reveal that he had complied with the previous court direction to pay in GBP 10,000 per month towards the fines.
