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Royal Bank of Scotland unveils IPO deal for branches

Last Updated: Friday, September 27, 2013, 22:35

Royal Bank of Scotland said today it will float 314 branches as a standalone bank in about two years, after reaching a 600-million pounds deal with investors including the Church of England.

CCI gives green signal to Ratnakar Bank-RBS deal

Last Updated: Friday, September 13, 2013, 23:25

Royal Bank of Scotland (RBS) mortgage portfolio includes housing loans, while banking business includes providing small and medium sized enterprises with high end products and services.

Ratnakar Bank acquires select India businesses of RBS

Last Updated: Friday, August 9, 2013, 22:25

Mid-sized private lender Ratnakar Bank Friday said it has acquired British banking major RBS' business banking, credit cards and mortgage portfolio for an undisclosed sum.

India Inc set for record bond sales at $15-17 bn in 2013: RBS

Last Updated: Tuesday, August 6, 2013, 22:20

British bank RBS Tuesday said 2013 is set to top previous year records in terms of foreign debt issuance by Indian firms which have raised USD 12.5 billion in in the first half, as against USD 14.5 billion in the whole of last year.

Bank of Scotland's fined for repeated fax blunder

Last Updated: Monday, August 5, 2013, 21:02

Bank of Scotland has been fined 75,000 pounds after repeatedly faxing customers' account details and payslips to wrong recipients for three years.

Royal Bank of Scotland picks new head, returns to profit

Last Updated: Friday, August 2, 2013, 13:25

State-rescued Royal Bank of Scotland promoted New Zealander Ross McEwan, its head of retail business, to be the new chief executive today when it also announced a return to profit.

Stephen Hester, head of Royal Bank of Scotland steps down

Last Updated: Wednesday, June 12, 2013, 23:07

Britain`s state-rescued Royal Bank of Scotland said Wednesday that chief executive Stephen Hester has decided to step down after five years in the job.

RBS to shut 23 retail and commercial branches in India

Last Updated: Sunday, May 26, 2013, 17:52

Royal Bank of Scotland (RBS) has said it will close 23 of its 31 branches in India by the end of the year to focus only on big cities.

RBS launches real estate services for HNIs

Last Updated: Wednesday, May 22, 2013, 15:10

Real estate occupies for 20-30 of the investment portfolio for a high networth client.

RBS to cut 1,400 jobs over next two years

Last Updated: Friday, May 17, 2013, 10:44

The Royal Bank of Scotland (RBS) has that it will cut 1,400 jobs over the next two years as part of plans to restructure its retail head office operations in Britain, a media report said.

RBS sells 4.62% stake in SKS Microfinance for Rs 63 cr

Last Updated: Thursday, April 25, 2013, 20:30

Royal Bank of Scotland (RBS) Thursday offloaded 4.62 percent stake in Hyderabad-based SKS Microfinance for about Rs 63.50 crore.

Shareholders sue Royal Bank of Scotland for $6 billion

Last Updated: Thursday, April 4, 2013, 09:03

Royal Bank of Scotland shareholders have filed a 4 billion-pound (USD 6 billion) lawsuit against the company and four former directors for losses they claim they incurred when the bank succumbed to a state bailout in 2008.