Standard Chartered Bank Financial News

16.09 / 11:39

UPS Citi stage country Standard Standard Chartered Bank Centre Standard Chartered Bank sets up private banking centre in Chennai; to serve ultra-high-net-worth clients

Standard Chartered Bank has inaugurated its private banking centre in the city, the over-century-old bank said on Saturday. This Private Banking Centre is the fifth after Bengaluru, New Delhi, Kolkata, and Mumbai. Aimed at serving high net worth and ultra-high net worth clients, the Private Banking Centre offers products, advisory, and insights to manage, grow, and protect personal and business wealth. «Being one of the oldest global banks in India, we have relationships across multi-generations and therefore we can focus both on a traditional approach while offering bespoke, objective, and holistic advice supported by an open architecture platform,» said the Bank's Managing Director and Head Affluent, Private Bank and Branch Network, Nitin Chengappa. «We are excited to open our new private banking centre in Chennai.

06.09 / 16:11

UPS Provident Digital Platform country exclusive Standard Standard Chartered Bank G20 great platform for banking, Fintech to showcase India's growth: Standard Chartered Bank

Fintech to showcase what India has actually strived on and achieved from a growth standpoint, said Transaction Sales Chief at Standard Chartered Bank said on Wednesday. «We have 100-plus countries participating. This allows India to showcase not only the talent it has but also the technology and platform that it has been able to achieve at scale to solve the problems,» Sanjeev Mehta,MD, Head of Transaction Banking (TB) sales-Corporate, Commercial and Institutional Banking-South Asia at Standard Chartered Bank told in an exclusive interview. Further, he said, «Other countries can just take it and follow, for example, digital payment, India took the lead.

06.09 / 05:47

Standard Standard Chartered Bank Vedanta Resources in discussion with Standard Chartered Bank for $1.3 billion loan, says report

Vedanta Resources is in talks with Standard Chartered Bank for borrowing $1.2 billion to $1.3 billion of loan against brand fee receivables without any restructuring pre-conditions, reported ET.

05.09 / 18:53

UPS Lowe's Progressive Strategy tenor Standard Standard Chartered Bank Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan

Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan Vedanta Resources (VRL) is in discussions with Standard Chartered Bank for a loan of $1.2 billion to $1.3 billion against brand fee receivables without any restructuring pre-conditions. The loan deal, if sealed, will take care of debt repayments until January without the need to restructure the bonds. The discussions regarding lending rates are currently in progress and the loan could be priced around 14-15% with a duration of three years. The company has appointed advisory firm Morrow Sodali to identify the holders of its $1 billion 13.875% bonds and $1 billion 6.125% bonds due in 2024 and the $1.2 billion 8.95% bonds due in 2025, as reported earlier.

03.08 / 04:43

UPS Platform Strategy Fitch Coherent country Standard Standard Chartered Bank NOT I would not sell US equities because of Fitch downgrade: Steve Englander, Standard Chartered Bank

Steve Englander, Global Head of G10 FX Research and North America Macro Strategy, Standard Chartered Bank, says the “equity markets were overenthusiastic over the last couple of months. I do not think that the Fitch reason is any reason for them to sell off. But if we are right that the US is going into a moderate recession, it is actually going to be good for risk appetite because it will lower the discount factor in all asset markets.

31.07 / 07:43

Standard Standard Chartered Bank Rate Cut Expect 50 bps repo rate cut by RBI only in H1FY25; USD-rupee to be in 81-82.50 range: Standard Chartered Bank economist

US Federal Reserve raising interest rates to a 22-year high level, says Kanika Pasricha, economist with Standard Chartered Bank. However, she expects the Indian central bank to cut key policy rates by 50 bps in H1FY25. In an interview with Livemint, the economist also shared views on domestic inflation, currency moves and the impact of Bank of Japan’s yield control policy shift.

frequently asked questions about Standard Chartered Bank

What is Standard Chartered Bank and why is it important?

Standard Chartered Bank is a trending topic that is in the spotlight. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Standard Chartered Bank?

All latest articles about Standard Chartered Bank can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on Standard Chartered Bank?

We consult with professionals to ensure that the information about Standard Chartered Bank is well-supported and helpful for our readers.