Indian wealth managers rush in as foreign players exit

  Domestic wealth management companies are hoping to and trying to fill the gap left by the retreat of foreign wealth managers in India.In the past year, the wealth management arms of IIFL,......

2015: A year of downsizing for foreign banks

Slowdown in corporate lending and the high cost of doing business in India are forcing a rethinkLast month, HSBC announced it was shutting its private banking operations in India. It followed the......

Choose listed companies over new offerings

With a majority of stocks in the past decade quoting below their issue price after listing, the secondary market might be a better bet for investors Image: Experts feel investors are likely to get......

Ratnakar Bank to buy part of RBS' businesses in India

Kolhapur-based Ratnakar Bank on Friday said it had agreed to buy Royal Bank of Scotland’s (RBS’) business banking, credit cards and mortgage portfolios in India. The private lender did......