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South Africa's FirstRand Bank to exit India after 12 years

The plan was to expand further, add more branches and also eventually become the third bank in India to start a wholly owned subsidiary after Singapore's DBS Bank and State Bank of Mauritius, but......

Citi joins list of foreign banks scaling down India ops

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

Evolution of branchless banking in India

Financial inclusion, concerns more than just a transactional bank account. It should address savings, loans, transactions, and insurance in order to best meet consumer needs, says Ashish Desai.......

S African banks plan Indian arms

FirstRand Bank and Standard Bank, two leading South African banks, are planning to set up shop in India. Confirming this, XP Guma, deputy governor, South African Reserve Bank, said FirstRand Bank......

Factors that will decide the fate of rupee this month

The Rupee's fall is expected on concerns that the US Fed might give a hawkish guidance. The rupee, which has already breached the 64-mark this month, may weaken further a month down the line, as......

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Firstrand Bank India

News for Firstrand Bank India

South Africa's FirstRand Bank to exit India after 12 years

Citi joins list of foreign banks scaling down India ops

Evolution of branchless banking in India

S African banks plan Indian arms

Factors that will decide the fate of rupee this month

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