The restructuring — expected within days — will “clean up” the organization and lead to exits for low performers while not affecting headcount, Chief Executive Officer The bank will also channel more resources into artificial intelligence and expand its r... See more
State Bank of Indiais supportive of another wave of mergers among state-backed lenders as policymakers explore ways to build scale and finance growth in the world’s fastest-growing major economy.
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“Some further rationaliza... See more
The bank took the step over the last few months with the employees, who were at the center of the allegedly disputed trades of Credit Suisse’s Additional Tier 1 bonds, the people said, asking not to be identified discussing confidential matters.
In respon... See more
The bank was penalized by a Dubai regulator for offering financial services to local clients who were not onboarded at the Dubai International Financial Centre, the Mumbai-based lender said in an exchange filing late on
The restrictions, which came into e... See more