NEWS & ADVICE : FIXED DEPOSITS
In next few months HSBC can conclude deal with RBS
By Neelima Shankar
Feb 29, 2012
Print    Email    RSS   

In next three to four months, the retail and commercial banking operations of Royal Bank of Scotland may be acquired by Hong Kong and Shanghai Banking Corporation (HSBC). Both former and latter are well-known foreign sector lenders operating in the country.

The country head of HSBC bank in India and Director, HSBC Asia-Pacific region, Naina Lal Kidwai said, "All of that (terms and conditions, including valuations) are currently under review. We expect it to be completed in the next three to four months."

HSBC operates through 50 branches in the country, while RBS has 31 branches in the country.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Should you preclose your current FD for...
Things you should know while filing income...
The new avatar of savings account would...
Investment options to Save Tax under...
Carnival of Indian Personal Finance Blogs #3


i want to know my account balance
I was deposit Rs,200000,00 by Mis self sbi saving...
I WANT TO FIX DEPOSIT 2000000 THEN WHAT I CAN DO FOR...
I want check my saving account details...
HOW MANY YEAR DUBBLE MY FIXED DEPOSIT ON S,B,I
I WANT TO INVEST 25000 IN FD, HOW MANY RUPEES FOR...

NEWS THIS WEEK
New deposit product – Anupama rolled out by SBT Apr 9, 2014
ICICI bank lodged FIR for the fake currency notes Apr 9, 2014
50th coin mela by HDFC bank Apr 8, 2014
IDBI bank earned a huge tax collection Apr 7, 2014
City Union Bank launching 75 new branches Apr 3, 2014
News Archive