You Searched For "Subsidiary banks" and got 15 results
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1 min read
Bank of Baroda closes subsidiary in Ghana
"We further advise in the matter that Bank of Baroda (Ghana) Ltd has surrendered its banking licens…
PTI
1 min read
Axis Bank to wind down UK subsidiary
"In line with the said objective, the bank has taken a decision to fully wind down and close the o…
PTI
3 mins read
Simply Put: Why are foreign banks quitting India?
Meanwhile, companies left behind are trying to put on a brave face by pulling out of retail bu…
1 min read
Federal Bank's subsidiary FedFina initiates process for an IPO
The board approval is subject to market conditions and receipt of applicable approvals, includin…
PTI
2 mins read
SBI’s bad loans didn’t affect it much. Here’s the proof
The bank on Friday reported standalone net profit, not including contributions from subsidiar…
2 mins read
Shares in Russia's biggest lender Sberbank crater after it quits Europe, blaming huge outflows of cash
The move came after the Austrian financial regulator said it had told Sberbank Europe to stop opera…
Adam Morgan McCarthy
2 mins read
Bad loans are ripping apart margins of Bank of India. Here’s how
He said however that it would be difficult to give a timeline and share numbers. "We a…
1 min read
Kotak Mahindra Bank, subsidiary sell 20 pc stake in ECA Trading Services
In a regulatory filing Kotak Mahindra Bank said it has divested 8.50 per cent equity stake in ECA …
PTI
3 mins read
LEAVING LONDON: Confidential Deutsche Bank Brexit briefing shows where it thinks other banks will go
With the UK out of the EU, European banks will have to set up subsidiaries, forcing them to pump ex…
Ben Moshinsky
2 mins read
M&M’s planned price hikes eclipse debt default by Ssangyong
The price hike will be effective from January 1, and across a range of its passenger and commerc…
1 min read
ICICI Bank sells 1.5 pc stake in life insurance arm for Rs 840 cr
"In line with this intent and pursuant to approval granted by the Board, the Bank has today diveste…
PTI
1 min read
ICICI Bank To Open Branches In China And South Africa
The bank already has branches in many countries like the US, Singapore, Hong Kong, Bahrain, Sri Lan…
2 mins read
Some of India’s top Pvt Banks could soon lose their ‘Indian’ status
The move will come in connection to the government’s aim of fetching more and more foreign direct i…
1 min read
Kotak Mahindra Bank To Enter General Insurance Market, Will Soon Set Up Insurance Subsidiary
“The General Insurance business in India is currently a Rs 77,000 crore premium per annum industry …
2 mins read
Europe is shaking up its banking industry and post-Brexit Britain could get frozen out
The amount of debt banks have to issue to investors will be calculated at the level of the subsidia…