standard chartered bank

Standard Chartered Bank is in the news for the alleged violation of HR practices. The foreign lender has been alleged by All India Bank Officers' Confederation (AIBOC) and a detailed memorandum requesting the bank's CEO for immediate…

This 186-Yr Old Bank Allows Permanent Work From Home For 85,000 Employees; Allows 'Work Near Home' As Well When very few companies are thinking of permanent work from home or a hybrid model, Standard Chartered Plc is thinking way ahead…

HSBC Into Money Laundering? Shares Crash To 25-Year Low; China Takes Action HSBC's shares have stooped to lowest since 1995 after allegations of money laundering. Some leaked secret files showed that the bank knew about fraudsters…

Patanjali Acquires Ruchi Soya For Rs 4350 Crore Since months of ups and downs, the NCLT has finally okayed the Baba Ramdev-led Patanjali Ayurved's bid to take over edible oil player Ruchi Soya. This could help Ramdev save his sinking…

There have been over 50,000 bank fraud cases hitting the Indian banks in the last 11 fiscal years. Right from big PSBs to small ones, private banks even international banks with their branches in India, these financial institutions…

$660 billion worth Standard Chartered Bank doesn’t need human employees for some core banking operations, as Digital Banking is changing everything. In order to cut costs, and to enable more digitalization, this UK-based multinational…

In the United States, it is customary to sign-up for credit cards online and even get the approval instantaneously. They have a very structured way of assessing Individuals’ creditworthiness as everything is tied back to their Social…

On April 2, we had posted under this very section of Friday Finance, regarding India’s first ever IDR issue by Standard Chartered Bank aiming to raise anywhere between $500-750 million through issue of 24 crore IDRs. Every 10 IDR will be…

In what could be termed as one of the rare notifications – related to the IDR Rules 2004 - passed by the government in as early as 2004, but gets tapped by an overseas company only after 6 years of notification of the law, in 2010 now. The…