Foreign Bank

The pick-up in activity came in the run-up to the inclusion of India's debt in the JPMorgan Emerging Market index last month and on hopes of better returns since interest rates are set to decline, several traders said.

Brexit vote shakes up London property market

London property has long been a magnet for foreign investors, be it extravagant homes or iconic commercial real estate, and prices in the capital have sky-rocketed.

Max 4 expats in each Indian branch: RBI to foreign banks

In a notification, RBI said that it has been receiving requests from some of the foreign banks to remove the numerical restriction on engagement of expatriates in view of the operational difficulties faced by them in doing business in India.

SEBI to push corporate bond sales online in market overhaul

The markets regulator will announce the proposal drafted by an internal regulatory panel within a few weeks, and seek market feedback, said the sources, who declined to be named as the plan is not yet public.

China market chaos blamed on exodus of regulatory 'turtles'

By summer 2015, China's Securities Regulatory Commission (CSRC) needed them more than ever; a year-long market boom had imploded in a few weeks, and the government was desperate to keep the crisis from widening.

China's yuan firms slightly, supported by rise in stocks

The benchmark Shanghai Composite Index was up 1.55 percent by midday partly as a strong rebound on Wall Street helped calm global markets after days of wild volatility.

Immunity from FEMA for disclosures in black money window

The Frequently Asked Questions (FAQs) issued by Finance Ministry said the 90-day compliance window till September 30 provided to foreign asset holders to come clean will, however, not guarantee immunity for wealth generated from corruption.

Bonds hit near five-month low after poor auction results

Bond yields have risen 22 basis points over the last two weeks, gaining in line with global debt market yields. The weaker rupee and foreign fund outflows from the domestic share and debt markets have also been hurting.

Standard Chartered India profit up wee bit; bad loans jump

Standard Chartered‘s bad loans have stemmed from loans to two large clients going bad -- in the telecom and gems and jewelry sector.

DBS Bank evaluating RBI's WOS rules for foreign banks

DBS Bank, fourth largest foreign lender present in India, is evaluating RBI's new guidelines that provide significant benefits to foreign banks adopting Wholly-Owned Subsidiary (WOS) route of running branches here.

Don't see strategic tie-up with foreign bank: City Union Bk

Reserve Bank governor Raghuram Rajan has said there is going to be a bigger opening because they could contemplate new rules for the entry of foreign banks. It may even allow them to take over Indian banks.

StanChart H1 pre-tax net jumps 45% to $450 mn

Standard Chartered Bank on Tuesday posted 45 percent jump in pre-tax profit in the January-June period at USD 450 million, but said macroeconomic situation and currency volatility make it 'cautiously optimistic' about the future.

Rupee trims rise as oil payments pick up

The rupee erased most early gains on Thursday after oil import payments picked up, but higher shares, firmer euro and exporter sales should help the Indian unit, traders said.

Standard Chartered picks up 3% stake in USE

Standard Chartered Bank (Mauritius) has picked-up a 3% stake in the United Stock Exchange (USE), thereby becoming the first foreign bank to invest in the Exchange, a press release issued here stated.