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
Carnival of Indian Personal Finance Blogs #2
Gold ETFs or Gold Funds: Which One Should...
Carnival of Indian Personal Finance Blogs #1
Financial ratios as an aid to financial...
An Overview of Wealth Management Services...


BuSineSs Job ProBleM+918516827708 SoLuTioN baba ji
VASHIKARAN ((+919799005597)) BLACK MAGIC SPECIAlist...
VASHIKARAN ((+919799005597)) BLACK MAGIC SPECIAlist...
Mohali escorts services O9855660911 CaℒL GiℛℒS...
%ChAnDiGaRh escorts services O9855660911CaℒL...
!!ChAnDiGaRh !!escort service O9855660911CaℒL...

NEWS THIS WEEK
Money transfer simply through phone contact book: HDFC bank Jan 30, 2015
Karnataka Bank reported a profit of Rs 317.03 crore Jan 29, 2015
Three new branches established by HDFC bank in Lucknow Jan 27, 2015
Vijaya Bank slashed down the interest rates on several maturities Jan 23, 2015
OBC bank reduced rates on various fixed deposit maturities Jan 20, 2015
News Archive