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, 2 months ago
5 banks that have announced scaling down India ops recently - Business Standard, 2 months ago
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It's time to make the switch to Indianequities from the nation's bonds, as Prime Minister Narendra Modi boosts spending to counter the impact of his shock currency recall on growth in Asia's third-largest economy. Rupee sovereign notes, emerging ...Bloomberg, 1 week ago
By Anurag Joshi India's billionaires are braving a slumping rupee to borrow from the international loan markets before the US Federal Reserve resumes interest-rate increases. Mukesh Ambani's Reliance Industries Ltd is about to mandate 15 banks ...Economic Times, 1 month ago India's Billionaires Continue Record Dollar Loan Spree Bloomberg, 1 month ago Billionaires Brave Rupee Drop to Extend Record Dollar Loan Spree La Repubblica, 1 month ago
MUMBAI: There is one bunch of investors who may be happy that the Reserve Bank of India (RBI) did not reduce interest rates: the foreign portfolio investors (FPIs) in fixed income securities. Overseas investors look at the RBI's policy decision ...Economic Times, 1 month ago RBI seen cutting interest rates in bid to spur growth Livemint.com, 1 month ago
Indian Prime Minister Narendra Modi used a radio address Sunday to assure the country that the cash crisis caused by his plan to remove large-denomination bills from circulation will ease within his proposed 50-day period. Modi said in the ...Bloomberg, 1 month ago PM'S PROMISE PM Modi Holds To 50-Day Pledge Even As Cash Chaos Intensifies Bloomberg-Quint, 1 month ago
The Reserve Bank of India told lenders to set aside more deposits as reserves to curtail surging banking system liquidity that risks stoking inflation. Start your day with what's moving markets. Get our markets daily newsletter. ...Bloomberg, 1 month ago RBI Takes Steps To Curb Rising Bank Liquidity Bloomberg-Quint, 1 month ago RBI takes steps to curb swelling bank liquidity Business World, 1 month ago
Alan Bloomfield Dr. Alan Bloomfield is a Research Fellow at the University of New South Wales, Australia. He has recently published India and the Responsibility to Protect with Ashgate. His co-edited book Norm Antipreneurs and the Politics of ...Observer Research Foundation, 1 month ago
The current weakness in the rupee has been influenced by two factors. First, the old issue of FCNR redemption, which were happening in between the month of September and November. The highest redemption were bunched in this month (November). ...Bloomberg-Quint, 1 month ago
(Bloomberg) -- India's move to stamp out black money helped rupee sovereign bonds make a lone escape from the global rout triggered by Donald Trump's surprise U.S. election victory. Prime Minister Narendra Modi'sshock withdrawal of 86 percent of ...Yahoo! Singapore, 2 months ago
: Private sector lender IDFC Bank Ltd is close to merging various lending divisions with a plan to reduce headcount, two people aware of the matter said. The bank plans to merge corporate lending and middle market corporate lending into a ...DealStreetAsia, 2 weeks ago IDFC Bank to merge lending divisions, trim workforce Livemint.com, 2 weeks ago
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