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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.

'Nifty likely to touch 8,650 points by year-end'

Last Updated: Saturday, July 05, 2014, 15:30

In January, RBS had made year-end estimate of 7,700 points for the Nifty, but has revised it upwards citing the prospects which the economy holds for a bull run.

India Inc needs $1.52 bn to refinance debt in 2014: RBS

Last Updated: Wednesday, July 02, 2014, 23:41

Leading British brokerage RBS Wednesday said Indian corporates will have to arrange USD 1.52 billion funds in foreign exchange in the current calendar year to refinance their debt, which will jump to USD 2.3 billion next year and to USD 9.1 billion in 2016.

Standard Life says may leave an independent Scotland

Last Updated: Thursday, February 27, 2014, 18:05

The Royal Bank of Scotland (RBS) said separately that there would likely be a "significant impact" if Scotland chose to end its 300-year-old union with England.

Royal Bank of Scotland posts 2013 net loss of 8.995bn pounds

Last Updated: Thursday, February 27, 2014, 13:28

Britain`s state-rescued Royal Bank of Scotland plunged deeper into a net loss of almost £9.0 billion last year on the back of vast accounting charges, it said on Thursday.

RBS to pay $920 million in bonuses for 2013: Report

Last Updated: Wednesday, February 26, 2014, 09:50

Royal Bank of Scotland has received approval from Treasury agency UK Financial Investments to pay about 550 million pounds in staff bonuses for 2013, a news wire reported late on Tuesday.

RBS agrees to $275 million mortgage-debt settlement

Last Updated: Thursday, February 20, 2014, 02:24

Royal Bank of Scotland Group Plc has agreed to pay $275 million to resolve a U.S. lawsuit accusing it of misleading investors in mortgage-backed securities, lawyers for the plaintiffs said on Wednesday.

RBS sets aside £3.0 bn for claims, conduct matters

Last Updated: Tuesday, January 28, 2014, 14:29

Britain`s state-controlled Royal Bank of Scotland said Monday it has set aside more than £3.0 billion (USD 5.0 billion, 3.6 billion euros) for litigation and compensation claims here and in the United States.

Market sees Rajan holding rates on Tuesday: RBS survey

Last Updated: Thursday, January 23, 2014, 22:30

The market expects Reserve Bank Governor Raghuram Rajan to hold interest rates at its policy review meeting on Tuesday, a survey has found.

BSE Sensex may touch 23,500 level by year-end: RBS

Last Updated: Friday, January 17, 2014, 20:09

BSE Sensex is expected to be at 23,000-23,500 level by the year-end because of lower valuation and uptick in company earnings as economic growth picks up, British lender RBS' wealth management arm said on Friday.

RBS unit in Japan to pay $50 million over Libor

Last Updated: Tuesday, January 07, 2014, 12:12

A Japanese investment banking unit of Royal Bank of Scotland Group Plc was ordered on Monday to pay a USD 50 million criminal fine after pleading guilty to wire fraud over its role in manipulating the benchmark interest rate Libor.

US wholesale prices point to muted inflation pressures

Last Updated: Saturday, December 14, 2013, 03:14

US producer prices fell for a third straight month in November, pointing to a lack of inflation pressure that could give the Federal Reserve pause as it weighs the future of its bond-buying stimulus.