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  • Standard Chartered Bank extends medical coverage, benefits to employees’ LGBT+ partners May 21, 2020 01:44 PM IST

    Standard Chartered Bank extends medical coverage, benefits to employees’ LGBT+ partners

    This means that employees can now declare LGBT+ partner as an eligible beneficiary under the Bank’s medical reimbursement policy

  • Standard Chartered Bank offloads entire stake in Orissa Sponge Iron Jan 16, 2020 11:40 AM IST

    Standard Chartered Bank offloads entire stake in Orissa Sponge Iron

    Orissa Sponge Iron and Steel intimated stock exchanges that the sale which happened through off-market transactions took place on Wednesday.

  • Piramal raised Rs 1500 crore through non-convertible debentures from Standard Chartered Bank Jul 22, 2019 11:53 AM IST

    Piramal raised Rs 1500 crore through non-convertible debentures from Standard Chartered Bank

    The money will be used to meet the group’s working capital needs and for future debt-related payment obligations

  • StanChart slams Essar Steel's CoC for holding 'secret' talks with ArcelorMittal May 14, 2019 08:10 PM IST

    StanChart slams Essar Steel's CoC for holding 'secret' talks with ArcelorMittal

    StanChart has approached the NCLAT alleging that the CoC had discriminated against it, as it was being offered only 1.7 per cent of its total dues from Essar Steel's resolution plan, while other financial creditors, forming part of the CoC, were getting over 85 per cent of their dues.

  • Govt to charge Axis Bank, Standard Chartered Bank, Ramesh Chander Bawa & wife with contempt of NCLT Apr 25, 2019 07:54 PM IST

    Govt to charge Axis Bank, Standard Chartered Bank, Ramesh Chander Bawa & wife with contempt of NCLT

    The ministry is filling two applications and a petition against Bawa and his wife and the banks after it has come to light that the parties have broken the orders of the bankruptcy tribunal.

  • Standard Chartered cuts India headcount as digital alternatives gain steam Dec 13, 2018 11:44 PM IST

    Standard Chartered cuts India headcount as digital alternatives gain steam

    The downsizing is majorly in retail vertical, largely due to the reduced need for people manning operations in face of the cheaper digital alternatives, they said.

  • Essar Steel bankruptcy: Standard Chartered Bank's petition raises transparency issue, says experts Nov 26, 2018 03:24 PM IST

    Essar Steel bankruptcy: Standard Chartered Bank's petition raises transparency issue, says experts

    The bank has accused the bigger financial creditors of undermining interest of their smaller peers

  • Standard Chartered Bank moves NCLT against CoC selecting Arcelor for Essar Steel Nov 25, 2018 06:30 PM IST

    Standard Chartered Bank moves NCLT against CoC selecting Arcelor for Essar Steel

    Standard Chartered Bank (SCB), which has more than 7.5 per cent weightage in the Committee of Essar Steel Creditors, in the petition before the National Company Law Tribunal (NCLT) claimed that ArcelorMittal's revised bid of Rs 42,000 crore was never considered by the CoC.

  • Standard Chartered Bank's private equity arm to buy Naspers' stake in travel firm TBO Jul 18, 2018 05:35 PM IST

    Standard Chartered Bank's private equity arm to buy Naspers' stake in travel firm TBO

    An official statement said Standard Chartered Private Equity (SCPE) will acquire Naspers' stake in TBO Group, a business to business travel distribution company.

  • Zoho Corp inks alliance with Standard Chartered Bank Apr 19, 2018 04:32 PM IST

    Zoho Corp inks alliance with Standard Chartered Bank

    As per the alliance, business account holders at Standard Chartered Bank can pay their suppliers either through cross-border payments or bank transfers from Zoho Books, Zoho's Cloud Accounting software.

  • Air India ties up with 3 banks for loans to acquire 3 Boeing 777 planes Jan 04, 2018 06:10 PM IST

    Air India ties up with 3 banks for loans to acquire 3 Boeing 777 planes

    Two of the aircraft are to be used for ferrying VVIPs, the Minister of State for Civil Aviation said in a written reply in the Lok Sabha.

  • Standard Chartered Bank opens new GBS centre in Bengaluru     Oct 10, 2017 02:10 PM IST

    Standard Chartered Bank opens new GBS centre in Bengaluru    

    The Bank expects to have 30 per cent of GBS employees based in Bengaluru over the next few years by doubling the current head count based in the city from a combination of internal moves and selective hiring.

  • NCLT allows Essar Steel to file objections to SBI, SCB pleas Jul 19, 2017 08:25 AM IST

    NCLT allows Essar Steel to file objections to SBI, SCB pleas

    The Ahmedabad bench of the tribunal of judicial member Bikki Raveendra Babu granted time to Essar Steel till July 22 to file objections to the petitions moved by the two lenders against the company after the Gujarat High Court dismissed its petition yesterday. The tribunal posted the hearing in the matter for July 24.

  • Constructive on global equities including India: StanChart’s Manpreet Gill May 04, 2017 02:03 PM IST

    Constructive on global equities including India: StanChart’s Manpreet Gill

    lack of dollar strength is likely to be good for emerging markets and so from a long-term perspective, Indian equities and rupee is well placed, said Manpreet Gill, Senior Investment Strategist, Standard Chartered.

  • Market adjusting to possibility of rake hike than a cut: Ananth Narayan of StanChart Apr 21, 2017 11:37 AM IST

    Market adjusting to possibility of rake hike than a cut: Ananth Narayan of StanChart

    The market seems to be adjusting itself to the possibility of rate hikes than rate cuts or status quo, said Ananth Narayan, Head-Financial Markets, Standard Chartered Bank.

  • Samsung launches mobile payment service in India Mar 22, 2017 03:44 PM IST

    Samsung launches mobile payment service in India

    Apart from allowing users to simply tap and pay on the go using their registered cards, the service, Samsung Pay, has integrated Paytm as well as the government's Unified Payments Interface (UPI) into the application, the South Korean giant said in a statement here.

  • Renuka Sugars issues shares worth Rs 27 cr to Standard Chartered Mar 08, 2017 10:08 PM IST

    Renuka Sugars issues shares worth Rs 27 cr to Standard Chartered

    The allotment of equity shares to Standard Chartered Bank, which is one of the lenders from the Joint Lenders' Forum, in lieu of and against the conversion of a part of the loans availed by the company from Standard Chartered Bank.

  • Standard Chartered Bank, India appoints Mohanty as CFO Mar 06, 2017 06:22 PM IST

    Standard Chartered Bank, India appoints Mohanty as CFO

    Standard Chartered Bank, India today said it has appointed Subhradeep Mohanty as its chief financial officer.

  • RBI's monetary policy decision will help strengthen rupee: StanC Feb 09, 2017 10:24 AM IST

    RBI's monetary policy decision will help strengthen rupee: StanC

    Speaking to CNBC-TV18, Ananth Narayan, Head-Financial Markets at Standard Chartered Bank, said he does not expect short-term funding rates to move higher.

  • RBI Monetary Policy: Bond yield may rise 15 bps; stance change may hurt, say experts Feb 08, 2017 03:00 PM IST

    RBI Monetary Policy: Bond yield may rise 15 bps; stance change may hurt, say experts

    Ananth Narayan, Head-Financial Markets, Standard Chartered Bank said changing the stance from accommodative to neutral was a surprise and not expected by the market and so one is likely to see a sell-off in bond markets

  • 'China global trade settled in yuan drops to more than 3yr lows' Feb 08, 2017 10:58 AM IST

    'China global trade settled in yuan drops to more than 3yr lows'

    The decline could mark a major setback for Beijing, which has tried to foster greater usage of the yuan in cross-border trade to expand its global clout.

  • US employment growth seen strong in December, wages up Jan 06, 2017 11:59 AM IST

    US employment growth seen strong in December, wages up

    Nonfarm payrolls probably increased by 178,000 jobs last month after a similar rise in November, according to a Reuters survey of economists. The unemployment rate is forecast ticking up to 4.7 percent from a nine-year low of 4.6 percent in November.

  • RBI slaps fine on 5 foreign banks for violating FEMA rules Dec 21, 2016 07:10 PM IST

    RBI slaps fine on 5 foreign banks for violating FEMA rules

    The Reserve Bank today imposed penalty on five foreign banks, including Deutsche Bank and Standard Chartered Bank, for violation of its instructions on reporting requirements of the FEMA.

  • CDSL plans to file initial papers for IPO soon Dec 15, 2016 03:26 PM IST

    CDSL plans to file initial papers for IPO soon

    It will become the first depository to get listed on the stock exchange once the IPO plan goes through.

  • Status Quo Policy: Withdrawal limit restriction may go beyond Dec, say experts Dec 07, 2016 08:32 PM IST

    Status Quo Policy: Withdrawal limit restriction may go beyond Dec, say experts

    Both V Srinivasan of Axis Bank and Ashish Parthasarthy of HDFC Bank agree that the withdrawal limit could extend beyond December 30 because the limit depends on the availability of currency.

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