Press Trust of India | Wednesday March 11, 2015
The current account deficit (CAD) doubled to $8.2 billion or 1.6 per cent of the GDP during December quarter on year-on year basis.
Thomson Reuters | Wednesday March 4, 2015
Standard Chartered ruled out plans to raise capital on Wednesday despite reporting a 25 per cent slide in annual pre-tax profits on the back of soaring bad loans.
Thomson Reuters | Thursday February 26, 2015
Standard Chartered said former JPMorgan investment bank boss Bill Winters will take over as chief executive in June, replacing Peter Sands in a major management overhaul following two years of problems.
Press Trust of India | Tuesday February 17, 2015
The biggest challenge for the country is to help talented young people fulfil their aspirations, State Bank of India chairperson Arundhati Bhattacharya said on Monday, while terming demographic dividend as an opportunity for growth.
Press Trust of India | Sunday February 15, 2015
The Reserve Bank of India (RBI) will be able to go in for a rate cut of 75 basis points, or 0.75 per cent, in the coming months as it is expected to comfortably meet its 6 per cent inflation target for January 2016, according to a report by Standard ...
Press Trust of India | Wednesday February 11, 2015
According to the global financial services major, strong GDP prints in 2013-14 and 2014-15 are driven more by "statistical factors" after India released a new GDP series on January 30 rather than a pick-up on the ground.
Diaspora | Press Trust of Inda | Saturday January 31, 2015
A 36-year-old Indian-origin manhas been jailed for four years and eight months on charges of hacking computers of at least seven organisations including the ruling party in 2013.
Mumbai News | Written by Saurabh Gupta | Sunday January 18, 2015
Mumbaikars today came out in huge numbers to run for a cause. Over 40,000 residents of the city, including top industrialists and actors, participated in the 12th edition of the Standard Chartered Mumbai Marathon.
Sunday January 18, 2015
HDFC Bank is the lone Indian entity among the world's 50 most valued lenders in 2014 with a market capitalisation of close to $41 billion (Rs 2.5 lakh crore at 1 dollar = 61.86 rupees).
Mumbai News | Saurabh Gupta | Sunday January 18, 2015
Mumbaikars from all sections from society will run for charity in the 12th edition of the Standard Chartered Mumbai Marathon is taking place in the financial capital today.
Friday January 16, 2015
Indian jewellery firms are finding it increasingly hard to get credit to import raw material and ship out their wares as banks tighten the screws, worried about defaults and sharp practices in the sector.
Thursday January 8, 2015
Standard Chartered CEO Peter Sands's decision to cut the bank's loss-making equities business was almost a year in the making, despite the shock Thursday's announcement caused among staff in the division, according to sources at the bank and recruite...
Thursday January 8, 2015
Standard Chartered is closing the bulk of its global equities business and axing 4,000 retail banking jobs as Peter Sands moves to aggressively cut costs to reverse the Asia-focused bank's fortunes, according to a memo seen by Reuters.
Friday December 12, 2014
Annual consumer price inflation eased for a fourth straight month in November to 4.38 per cent, its lowest level since government started releasing the data in 2012, government data showed on Friday.
Wednesday December 10, 2014
Reliance Industries Ltd (RIL) on Tuesday hit the international debt market to raise up to $1 billion (about Rs 6,150 crore) by selling 10-year dollar-denominated bonds.
Thursday November 20, 2014
The branch at Nakatia in Bareilly, its seventh in UP, will provide entire range of products, including the basic or no-frills accounts, the bank said in a statement issued here.
Tuesday November 4, 2014
HSBC's profits fell short of expectations in the third quarter after the bank set aside $1.8 billion for misconduct settlements and compensation for customers, including a potential fine for rigging currency markets.
Saturday November 1, 2014
The latest investigation involving the bank is based, in part, from evidence that emerged during a separate probe of BNP Paribas, the French bank that pleaded guilty this summer to charges related to sanctions-busting and agreed to pay $8.9 billion i...
Tuesday October 28, 2014
The Asia-focused bank also said it will target a further $400 million in cost reductions for 2015, as it reshapes itself to combat a downturn in emerging markets which had previously been a tremendous engine of growth - driving it to ten straight yea...
Tuesday October 7, 2014
Standard Chartered plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 per cent, even as its expansion elsewhere has slowed.
Sunday October 5, 2014
Jindal Group is considering a last-minute move to acquire debt-ridden UK firm London Mining, according to a media report on Sunday.
Friday September 26, 2014
Morgan Stanley and Standard Chartered are among six banks picked to manage the sales of shares in two state-run Indian companies, sources directly involved in the deals said on Friday.
Monday September 22, 2014
Standard Chartered downgraded the stock to "in-line" from "outperform", saying interactions with management and channel partners suggest "demand recovery will be gradual and not as sharp as street expectations."
Sunday August 24, 2014
According to the global financial services major, the India-ASEAN trade corridor, currently worth around $80 billion, has been growing fast at a compound annual growth rate of 23 per cent over the past decade.