Standard Chartered

Standard Chartered Bank has settled with markets regulator Sebi a case pertaining to alleged violations of norms in the matter of CG Power and Industrial Solutions Ltd after paying Rs 4.97 crore

Traders argue that the transactions are structured as so-called forward rate agreements, which are permitted by the RBI, allowing them to clear internal compliance checks

Standard Chartered said it has partnered with the International Air Transport Association (IATA) to launch a payment platform for airline industry in India.

The bank said the improved outlook led it to raise its target of delivering a return on tangible equity of at least 7% by 2023, with its longer-term goal being a double-digit return

The bank has 100 branches in the country, but is obliged to open roughly 40% of its branches in rural areas. An NBFC has no such obligation as of now

Binding bids for Citigroup's retail assets in Indonesia, the Philippines, Taiwan and Thailand are due on Friday, while offers for the India unit are due next week

Regulator found that bank did not credit amounts involved in unauthorised electronic transactions (shadow reversal) and did not report cyber security cases within prescribed time

Bitcoin was at $46,024 in early European trading on Wednesday

Banks have added billions of dollars to bonus pools as they try to reassure restless staff they will be rewarded in 2021 after a lean 2020.

India's total coronavirus infections have risen to 21.5 million, of which about a third were added since mid-April

According to sources, the platform, set up last September, hopes to hit the unicorn status ($1 billion) by the mid-third quarter of next year

The government has told foreign companies that, from 2024, they can only secure state contracts if they have local offices

Five-year interest-rate swaps jumped 63 basis points in February, reflecting growing expectations of a tighter monetary policy

Winters' total renumeration dropped to £3.8 million, down from £5.4 million in 2019

From early next year, it will offer those employees the option of heading to a "near home" location

The Asia, Africa and Middle East-focused bank said it aims for around 50% of its markets, comprising around 70% or 60,000 of its employees, to be able to adopt hybrid working patterns by the end of 20

Standard Chartered GBS is leasing 770,000 sq ft to set-up its largest office establishment in this project

India's economy contracted by nearly a fourth in the June quarter as a result of the lockdowns during the early days of the pandemic

From PM Modi again defending farm bills amid Opposition protests, Petronet buying LNG cargo to gold smuggling dropping due to coronavirus, Business Standard bring you the top headlines of the day

TamilNad Mercantile Bank slapped with Rs 17 cr penalty, its former chief told to cough up Rs 35 cr