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RBS names Brijesh Mehra as India Country Executive

Last Updated: Tuesday, July 22, 2014, 21:19

The Royal Bank of Scotland (RBS) Tuesday announced the appointment of Brijesh Mehra as the Country Executive for India.

Comfortable with current level of Inflation, says Rajan

Last Updated: Tuesday, October 29, 2013, 11:29

Rajan expressed apprehensions that headwinds to growth from domestic constraints continue to pose downside risks.

Raghuram Rajan meets FM ahead of second quarter policy review

Last Updated: Thursday, October 24, 2013, 14:03

"I discussed whole set of issues with the Finance Minister including state of economy," Rajan told reporters after the meeting here.

‘Industry sees 0.25% hike in policy rates on Oct 29’

Last Updated: Tuesday, October 22, 2013, 21:54

An industry poll conducted by RBS India Tuesday said majority participants are expecting RBI Governor Raghuram Rajan to hike the key policy rates by at least 0.25 percent next week when he unveils the second quarter review of Monetary Policy 2013-14.

RBS to shut 23 retail and commercial branches in India

Last Updated: Sunday, May 26, 2013, 17:52

Royal Bank of Scotland (RBS) has said it will close 23 of its 31 branches in India by the end of the year to focus only on big cities.

RBS starts shutting down branches, to retrench staff

Last Updated: Sunday, February 24, 2013, 13:48

British banking major RBS will be laying-off some of its 1,000 employees as it winds down retail and commercial business in the country.

Royal Bank of Scotland to cut jobs in India

Last Updated: Saturday, February 23, 2013, 10:41

The move comes as part of a plan to wind down its retail and commercial business in India.

Indian economy likely to grow at 6.3% in 2013: RBS

Last Updated: Friday, December 21, 2012, 18:24

Indian economy is likely to grow at 6.3 percent next year largely due to favourable base effect, while inflation is expected to drop to a comfortable 5.4 percent level in FY14, UK-based bank RBS said on Friday.

RBS to pull out of India

Last Updated: Saturday, December 01, 2012, 18:47

RBS said the deal, first revealed two years ago and which would have seen HSBC pay a 59 million pounds premium over the Indian division’s book value of 190 million pounds, had lapsed.

HSBC's proposed takeover of RBS India assets falls through

Last Updated: Friday, November 30, 2012, 17:34

RBS also separately said that the deal, announced on July 2, 2010, has lapsed on Friday and the sale will not be proceeding.

RBS to wind down retail, commercial banking in India

Last Updated: Friday, November 30, 2012, 17:30

RBS had announced a deal more than two years ago in July 2010 to sell its Indian retail and commercial banking operations to HSBC.

India Inc doesn't see RBI lowering rates: RBS

Last Updated: Thursday, July 26, 2012, 19:20

Contrary to demands for rate cuts raised vociferously in certain quarters, an overwhelming majority of corporates and financial institutions do not expect any changes in the repo and CRR in the next week's policy announcement, a survey has found.