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
How to Invest to Save?
Tax saver fixed deposits in India earn you...
Gold ETFs or Gold Funds: Which One Should...
Carnival of Indian Personal Finance Blogs #1
Recurring deposit facility by IDBI Bank


What is the FD interest rate in India?
what is the bank interest rate for fixed deposit
as sr citizen i deposit 40lacs i want to know how...
Escorts in panchkula......9872814230???

NEWS THIS WEEK
Allahabad Bank bags award Sep 17, 2014
SBI revised rates for the term deposits of less than 1 crore Sep 16, 2014
HDFC to issue debit card PIN through SMS Sep 15, 2014
New branch of Corporation bank in Maharashtra Sep 12, 2014
Applicants invited for various post by UBI bank in Mumbai Sep 10, 2014
News Archive