Standard Chartered

Average wealth expectancy of affluent Indians is just Rs 3.6 cr; to receive Rs 93,000 per month during retirement: Report

Wealth Expectancy Report 2019 examines the saving and investment habits of 10,000 emerging affluent, affluent and HNWIs across 10 fast-growing economies.

Hong Kong banks gird for online-only onslaught with high deposit rates, low fees, snazzy branches, fee waivers

The digital banks plan to begin by offering services such as savings accounts, credit cards, personal loans, foreign exchange and travel insurance.

NCLAT rejects Prashant Ruia's plea to block ArcelorMittal; approves bid for Essar Steel with modification

Essar Steel director Prashant Ruia had challenged that order saying ArcelorMittal was ineligible to bid under Section 29A of the Insolvency and Bankruptcy Code as it was associated with delinquent or loan defaulting firms.

Arcelor paying Rs 39,500 cr to acquire Essar Steel, not Rs 42,000 cr, alleges Standard Chartered counsel

Orissa Slurry Pipeline Ltd, he said, is a separate entity owned by SREI Infrastructure and Essar Steel, and was not part of the original offer to sell Essar Steel.

Standard Chartered expected to pay just over $1 billion to resolve US, UK probes: Report

Standard Chartered has been operating under deferred prosecution agreements with US authorities since 2012

NCLAT gives conditional nod to ArcelorMittal's Rs 42,000 crore resolution plan for debt-ridden Essar Steel

NCLAT said there is no stay on the Resolution Professional of Essar Steel to disburse the funds among financial and operational creditors of the company

Essar Steel takeover: NCLAT refuses stay on NCLT nod to ArcelorMittal plan; seeks fresh distribution plan for bid amount

Making a suggestion, the NCLAT said all operational creditors below Rs 1 crore should get 100 per cent of the dues and so should the employees of Essar Steel.

Standard Chartered suffers senior private banker exits in Asia amid growing earnings pressure

Standard Chartered is bulking up for a bigger share of the Middle East market at a time when others are also expanding to tap the growing client base.

India tops as Asia's most investment savvy economy: Standard Chartered study

India is Asia's most investment savvy economy and more than two-thirds of the country's affluent class prefer to use various investment products

PNB fraud: India's largest law firm Cyril Amarchand Mangaldas being scrutinised for concealing 'incriminating documents'

PNB in January alleged that billionaire diamond jeweller Nirav Modi and his uncle Mehul Choksi had for years fraudulently raised billions of dollars in foreign credit by conspiring with staff at the bank