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Standard Chartered Bank Ceo Neeraj Swaroop

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  • Business

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......

'Sashi' has large shoes to fill as HDFC Bank's new boss

Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver......

Savings rate deregulation: Banks to defy RBI move

Banks are putting up stiff resistance to Reserve Bank of India's move to deregulate the interest rate on savings bank accounts -- the last bastion of administered rates. Banks benefit from low-cost......

StanChart to hire 2,500 people in India

Global banking major Standard Chartered on Wednesday said it plans to increase its headcount in India by 2,500 people during the current year to 20,000. The UK-based bank, which is looking at......

Bankers see huge challenges in next financial year

The country's leading bankers are optimistic about the long-term prospects but are unanimous in their opinion that the next financial year will be challenging. The biggest challenge was the large......

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