Standard Chartered Bank

RBI imposes Rs 2 crore penalty on Standard Chartered Bank

RBI imposes Rs 2 crore penalty on Standard Chartered Bank

The Reserve Bank on Thursday imposed a penalty of Rs 2 crore on Standard Chartered Bank-India for delays in reporting of frauds to it.The...Read More

Bank ordered to pay ₹25,000 to customer for ‘unprofessionalism’

Bank ordered to pay ₹25,000 to customer for ‘unprofessionalism’

A Thane Consumer Disputes Redressal Commission has held a bank liable to pay Rs. 25,000 to a customer for showing “utter ignorance and un...Read More

ED slaps Rs 100 cr ban on Standard Chartered Bank for FEMA violations

ED slaps Rs 100 cr ban on Standard Chartered Bank for FEMA violations

The Adjudicating Authority has also fined Tamilnad Mercantile Bank (TMB) Rs 17 crore and its then Chairman and Director M.G.M. Maran Rs.3...Read More

RBI’s second dose: A true booster to increase liquidity and credit flow

RBI’s second dose: A true booster to increase liquidity and credit flow

With a clear aim to increase liquidity and credit flow, the Reserve Bank of India (RBI) announced a slew of regulatory measures. This was...Read More

SoftBank announces new Rs 74K Crore Vision Fund to invest in start-ups around the world

SoftBank announces new Rs 74K Crore Vision Fund to invest in start-ups around the world

Microsoft, Apple, Standard Chartered Bank and iPhone manufacturer Foxconn have all agreed to invest in this new fund

Brihanmumbai Municipal Corporation in no mood to organise marathon

Brihanmumbai Municipal Corporation in no mood to organise marathon

Mumbai: Congress corporator Ashraf Azmi had written to the municipal commissioner, Ajoy Mehta, demanding that the Brihanmumbai Municipal ...Read More

DoT blacklists StanChart bank guarantees

DoT blacklists StanChart bank guarantees

New Delhi : The telecom department has blacklisted bank guarantees issued by Standard Chartered after the bank failed to invoke one that ...Read More

SS Mundra says firms free to move higher courts

SS Mundra says firms free to move higher courts

Mumbai : With some large stressed firms challenging RBI’s directives to banks to initiate proceedings against them under the Insolvency a...Read More

Recognising Talent: The IndIAA Way

Recognising Talent: The IndIAA Way

The first edition of IndIAA Awards attracted 500 entries. From the final shortlist of 76 nominees, 16 winners were chosen and honored at ...Read More

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Diageo may not fully recover $135mn loan from Mallya company

New Delhi :  Global spirits giant Diageo has said it may not be able to fully recover a loan of USD 135 million given to Vijay Mallya-aff...Read More

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Stanchart Exits Loss-Making Institutional Cash Equities Biz

Mumbai : Asia-focused Standard Chartered Bank announced closure of its loss-making institutional cash equities business with immediate ef...Read More

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