Standard Chartered Bank India is understood to be taking over the operations of Japanese Sumitomo Mitsui Banking Corporation in India. Though a Standard Chartered spokesperson declined to comment......
Japan's Mitsubishi Tokyo Financial Group and UFJ Holdings said on Thursday that they have clinched a deal to create the world's largest bank by October 1, 2005.The merged entity -- Mitsubishi UFJ......
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march. Illustration: Uttam Ghosh/Rediff.com Foreign banks are......
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans. Mukesh Ambani-led......
India has emerged as the second most targeted nation for mergers and acquisitions in the Asia-Pacific banking industry with deals worth 10.3 billion dollars in 2007 so far, a report shows.......