The Enforcement Directorate (ED) has arrested the CFO of industrialist Anil Ambani's group company Reliance Power in a money laundering case linked to issuance of an alleged fake bank guarantee of......
The plan was to expand further, add more branches and also eventually become the third bank in India to start a wholly owned subsidiary after Singapore's DBS Bank and State Bank of Mauritius, but......
South African banking group FirstRand is firming up plans to make a foray into India once a framework for opening up the banking sector to new entrants is put in place, according to a media......
Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......
FirstRand Bank and Standard Bank, two leading South African banks, are planning to set up shop in India. Confirming this, XP Guma, deputy governor, South African Reserve Bank, said FirstRand Bank......