RBS puts India retail business on sale

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......

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......

Citi joins list of foreign banks scaling down India ops

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......

Citi joins list of foreign banks scaling down India ops

Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis......