South African bank FirstRand (FRB) has decided to scale down its Indian retail banking operations, but will continue to service its clients' needs in the country. The bank announced that a strategic review had shown that although the medium-term ... Business Standard, 18 hours ago
5 banks that have announced scaling down India ops recently - Business Standard, 3 days ago
Focusing on Indo-African corridor - Banking Frontiers, 1 month ago
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MUMBAI: Reserve Bank of India (RBI) has allowed banks to classify government securities borrowed from the central bank in the daily liquidity adjustment facility (LAF) under the statutory liquidity ratio (SLR), making liquidity management for banks ...Economic Times, 1 week ago
Foreign holdings of Indian government and corporate notes jumped by the most in two years Wednesday, amid speculation the surge resulted from the inclusion of funds raised through masala bonds. Total ownership increased by 80.78 billion rupees ...Bloomberg, 3 weeks ago
India's 10-year bond yield held near its lowest level since 2009 as foreign funds continued to pile into local debt and speculation mounted the central bank will cut interest rates as early as next week. Overseas investors bought 4.4 billion rupees ...Bloomberg, 3 weeks ago Foreign Inflows Boost India Bonds as Rate-Cut Speculation Mounts Yahoo! 7 Finance, 3 weeks ago
India's rupee fell to the lowest level in three weeks as traders said the government stepped up dollar purchases to pay month-end bills. The local currency declined to 67.1350 per dollar, the weakest since Aug. 29, before trading 0.1 percent ...Yahoo! Finance, 1 month ago Rupee drops to three-week low Gulf News, 1 month ago
Comments MUMBAI, June 28, 2016 /PRNewswire/ -- The Indian Merchants' Chamber, India's leading chamber of commerce which engages itself in addressing critical issues driving Indian businesses with a focus on sustainable growth, today announced the ...AndhraNews.net, 1 month ago
South Africa's FirstRand reports 5 pct rise in FY profit JOHANNESBURG, Sept 8 South African's biggest lender by market value FirstRand Ltd reported a 5 percent rise in full-year profit on Thursday, lifted by a 13 percent increase in net interest ...Reuters UK, 1 month ago
MUMBAI/KOLKATA: Indian stocks surged to a 17-month high and the rupee to its strongest since May after weaker-than-expected US jobs data in August eased fears of a rate hike by the US Federal Reserve, raising expectations of large overseas inflows ...Economic Times, 1 month ago Dalal street reaches new height as fear of rate hike by Fed Reserve eased Economic Times, 1 month ago
India's 10-year bonds are headed for the biggest three-month rally since early 2015 as investors prepare for a change in leadership at the nation's central bank. The Reserve Bank of India's cash infusions and a global yield hunt are spurring gains ...Bloomberg, 1 month ago
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Tue, 04/10/2016 - 08:53 Tags : Ashburton Investments, the investment arm of the FirstRand Group, has had its GBP share class funds added to the Ascentric UK platform. The arrangement will extend Ashburton's offering and accessibility for UK ...Wealth Adviser, 2 weeks ago
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