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'Most Indian promoters don't want to default'

StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.Illustration: Dominic XavierRediff.com Zarin......

After Lehman Brothers and StanChart, it's DMK time!

Why is an NRI banker with an MBA from MIT canvassing votes in Madurai?Saisuresh Sivasawamy/Rediff.com A Ganesh Nadar/Rediff.com reports. IMAGE: Palanivel Thiagarajan has a ready smile, and......

Stanchart to continue focus on wealth management in India

Standard Chartered’s India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the country’s private banks,......

Why are foreign banks marching out of retail banking?

Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space. Raghu Mohan reports. Illustration: Dominic Xavier/Rediff.com On March 8, Axis Bank......

Citibank likely to hive off consumer banking business in India

In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer......

Pros and cons of Indian banks' cross-selling initiatives

In a bid to gain a bigger share of the customer’s wallet, banks are ramping up their cross-selling initiatives. Report Abhijit Lele and Raghu Mohan. Illustration: Uttam Ghosh/Rediff.com What......

What does merger with LVB mean for DBS Bank chief Piyush Gupta?

While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local......

What are Janhvi, Anushka, Shraddha up to?

Guess who was spotted at the airport? Celebrities do the same things we ordinary folk do. They make the rounds of restaurants, gyms, catch or get off a flight... Take a look at what they were doing......

StanChart extends $30 Million/Year Liverpool sponsorship

Asia-focused bank Standard Chartered has extended its sponsorship of Liverpool Football Club for two years, continuing one of the most lucrative deals in English sport. Standard Chartered, which is......

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