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Stan Chartered to invest Rs 500-cr in Sterlite Power Grid

Last Updated: Monday, July 07, 2014, 12:55

Power transmission solutions provider, Sterlite Technologies has entered into an agreement to raise Rs 500 crore through equity infusion from Standard Chartered Private Equity for funding its existing as well as new projects, the company said Monday.

Standard Chartered warns of 20% H1 profit dip

Last Updated: Thursday, June 26, 2014, 18:31

The London-based lender said stronger income from regions such as China and Africa was offset by weaker performance in India, South Korea and Singapore.

China group used same metal stocks to borrow $2.5 bn: Report

Last Updated: Wednesday, June 18, 2014, 17:57

A Chinese mining group allegedly used the same commodity stocks as collateral for loans of more than USD 2.5 billion from different banks, state-run media reported, with its other lenders also including Standard Chartered, HSBC, and BNP Paribas.

'Equity market upside may be significant in next 18-24 months'

Last Updated: Tuesday, June 10, 2014, 20:38

Indian equity market's upside is expected to be significant over the next 18-24 months, which in turn should continue to fuel investor appetite for domestic cyclicals, according to a report by Standard Chartered Bank.

Middle-income Indians most hopeful of economic growth: Survey

Last Updated: Wednesday, June 04, 2014, 21:20

Middle-income Indians are most confident among the people of emerging markets about the economic growth prospects of their country, says a survey.

Stanchart profit up at 3% at $697 mn even as NPAs soar

Last Updated: Wednesday, March 05, 2014, 19:01

Income of the London-headquartered bank, which nets over 90 percent of its profit from Asia and Africa, grew 7 percent to USD 1.69 billion in the reporting period, it said in a statement.

StanChart elevates Chaudhuri as global brand head & CMO

Last Updated: Thursday, February 27, 2014, 19:33

Recently, the bank announced re-organisation under which the wholesale and consumer banking businesses would be integrated.

Government may borrow 5.8-6 trillion rupees next FY: StanChart

Last Updated: Thursday, February 13, 2014, 13:24

Standard Chartered Bank estimates the government will announce on Monday gross borrowing for 2014/15 of 5.8-6 trillion rupees, based on the government`s fiscal deficit target of 4.2 percent of GDP.

Bullish on G-Secs; see inflation dip, stable rates: StanChart

Last Updated: Monday, January 06, 2014, 18:00

"If our inflation expectations are met, we believe the RBI is unlikely to hike the repo rate at its 28 January policy meeting," StanChart said in a report.

S'pore banks told to boost security after StanChart data theft

Last Updated: Friday, December 06, 2013, 15:38

Singapore's central bank has called on financial institutions to tighten up cyber security after a database on elite customers of Standard Chartered Bank was compromised.

StanChart set to end 10-year boom with 2013 profit drop

Last Updated: Wednesday, December 04, 2013, 16:17

Standard Chartered warned that 10 years of record earnings are likely to end this year, with profit set to fall because of losses in Korea, a slowdown in its key Asian markets and tougher regulations.

StanChart sees marginal breach in FY'14 fiscal deficit target

Last Updated: Thursday, November 07, 2013, 21:21

Standard Chartered Bank Thursday warned of a 0.2 percent slippage in fiscal deficit at 5 percent of India's GDP due to slower revenue growth.