Citi joins list of foreign banks scaling down India ops

Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis......

SBI, 25 other major Indian banks figure in suspicious transactions list

Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities. Illustration: Uttam......

UK bank RBS to move jobs to India

RBS has been cutting back its retail operations and the latest job cuts are also part of wider cost-cutting measures. Britain's largest state-owned bank Royal Bank of Scotland is to cut some 160......

HSBC, RBS see Reserve Bank leaving rates unchanged

The Reserve Bank may keep status quo on key policy rates on Tuesday, although it may not be fully done with the tightening as core inflation continues to be sticky, foreign brokerages HSBC and RBS......

Legal settlement agreed with former owners: Liverpool

Liverpool said on Friday that a settlement between former owners Tom Hicks and George Gillett and directors involved in the sale of the Premier League football club had been agreed following a......

'Haider received threats from fixers in past'

Pakistan wicketkeeper Zulqarnain Haiderreceived threats from match-fixers after he refused to abide by their instructions during a domestic game last year, according to a report in London. A report......

Liverpool received takeover offers: Purslow

Liverpool have received a number of takeover offers and will take time to examine them, the Premier League club's managing director said on Sunday after a media report suggested the sale process......

Syrian says Liverpool deal close; Huang denies bid

Syrian businessman Yahya Kirdi said on Wednesday he isin the final stages of negotiations to buy Liverpool as reports mounted of a wave of bids to buy the Premier League club. Kirdi said in a......

Liverpool gets extension for debts: Reports

British Premier League football club Liverpool, put up for sale by its US owners last month, has been granted an extension on its debt pile under a deal brokered by its new chairman, the Sunday......