RBS to slash investment banking after huge loss
Royal Bank of Scotland will end investment banking in the Middle East and Africa and "significantly" reduce its presence in Asia and the US after a seventh-straight annual loss, the state-rescued lender said Thursday.
Feb 26, 2015, 17:47 PM IST
India Inc's forex debt raising to hit $20 bn next year: RBS
Last year, non-financial corporates raised USD 15 billion in debt from overseas market.
Dec 10, 2014, 23:03 PM IST
RBS admits European stress test blunder
The stress tests ran the banks through two different economic scenarios to see whether their balance sheets were healthy enough to withstand further economic shocks.
Nov 22, 2014, 08:57 AM IST
Rate cut by Reserve Bank imminent: Royal Bank of Scotland
The Royal Bank of Scotland Monday said the economic indicators like softening of inflation suggests that key interest rates could be slashed sooner than later by the Reserve Bank of India.
Nov 03, 2014, 17:34 PM IST
RBS sets aside $639 mn for currency probe
The total represents over half the 780 million pounds the bank earmarked for "conduct and litigation costs" in third-quarter earnings released on Friday.
Oct 31, 2014, 17:32 PM IST
RBS India pre-tax profit jumps 58% to Rs 662 crore in FY14
British lender Royal Bank of Scotland (RBS) has posted a 58 percent jump in pre-tax profit from its India franchise at Rs 662.11 crore in FY14, helped by wholesale banking business.
Aug 03, 2014, 17:36 PM IST
RBS names Brijesh Mehra as India Country Executive
The Royal Bank of Scotland (RBS) Tuesday announced the appointment of Brijesh Mehra as the Country Executive for India.
Jul 22, 2014, 21:19 PM IST
'Nifty likely to touch 8,650 points by year-end'
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.
Jul 05, 2014, 15:30 PM IST
India Inc needs $1.52 bn to refinance debt in 2014: RBS
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.
Jul 02, 2014, 23:41 PM IST
