| 'We won't look at acquisition without branch network' | 17-NOV-09 |
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| While other foreign banks are still shrinking their loan portfolio, Standard Chartered Bank says it is seeing a double-digit growth. In an interview, Neeraj Swaroop, Standard Chartered’s chief executive officer for India and South Asia, tells Sudeep Jain & Sidhartha that the bank intends to expand its offerings by adding equity fund-raising for Indian companies. The bank will, however, stay from small-ticket personal loans and acquisitions sans branches. |
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| IIMs see better summer | 12-NOV-09 |
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| Companies like Goldman Sachs, HSBC, Nomura, Standard Chartered, JPMorgan and RBS flock the campuses Banking and finance companies, whose dismal performance in late 2008 caused panic among students and faculty members of the premier Indian Institutes of Management, are making up this year with better profiles and stipends. |
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| StanChart to hire 3,000 more in India | 09-NOV-09 |
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| Global banking behemoth Standard Chartered plans to hire 3,000 employees in India by the end of 2010, a year that would also see it listing its shares on the bourses in India. |
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| Gaining from fantasy | 02-NOV-09 |
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| Avijit Das Patnaik, project manager at Standard Chartered Bank in Singapore, has just two things on his mind — the lofty targets his bank sets for him and his football team’s performance — and each brings equal amounts of sweat beads on his brow. No, this banker does not own a football team but manages a virtual team of 15 players and invests almost eight hours a week strategising for his team. Patnaik along with 50,000 other gamers belongs to this latest genre of gaming — online fantasy games. |
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| A balanced approach | 28-OCT-09 |
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| The feel-good factor is clearly returning to the markets, going by business confidence surveys and the financial market sentiment. But the recovery, though promising, remains fragile. Rural consumption will be hit by the worst monsoon in close to four decades, while international demand continues to languish, with the global economy still in contractionary mode. |
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| StanChart gets RBI nod for Rs 5,000-cr IDR issue | 11-OCT-09 |
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| UK-based lender Standard Chartered Plc (StanChart) was in the process of finalising the size and time of its Indian Depository Receipt (IDR) issue, after having secured the approval of the Reserve Bank of India (RBI), sources said. |
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| StanChart-ILFS Infra fund raises $640 million | 07-OCT-09 |
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| Private equity fund manager, IL&FS Investment Managers, has raised $640 million for its infrastructure fund floated in joint venture with Standard Chartered Bank, a top official said today. |
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| Standard Chartered launches the MEC Campaign with Sightsavers International | 06-OCT-09 |
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| Standard Chartered and Sightsavers International today announced the launch of the Mumbai Eye Care Campaign (MEC), as part of the Bank’s global community eye care initiative ‘Seeing is Believing’, to help tackle avoidable blindness. The Mumbai Eye Care Campaign will use Comprehensive Eye Services (CES) as a core delivery model and will be implemented in eleven marginalised areas within the city. These services will include promotion of eye health, prevention of blindness, provision of clinical services, education and rehabilitation for persons with irreversible visual impairment. |
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| Discussions on to sell assets of ABN Amro Bank, says RBS | 06-OCT-09 |
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| Royal Bank of Scotland is talking to bidders for selling the retail and commercial banking operations of ABN Amro Bank in the country, amid reports that talks with Standard Chartered Bank failed over valuation of the assets. |
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| Stanchart, RBS talks collapse on valuation | 03-OCT-09 |
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| Negotiations between Standard Chartered Bank and the Edinburgh-based Royal Bank of Scotland (RBS) over a proposed sale of the latter’s assets in India, China and Malaysia to the former have collapsed. |
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| Standard Chartered launches Howzzaat !!! | 29-SEP-09 |
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| Standard Chartered Bank, India’s largest international bank, has launched the Howzzaat !!! Savings account. Howzzaat !!! makes banking easy and fun as it packs the excitement of cricket, with exciting goodies and opportunities to meet your favourite cricket superstars. |
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