India’s largest bank, the State Bank of India (SBI), has announced the launch of a scheme providing home loans to Non-resident Indians (NRIs) and Persons of Indian Origin (PIO).
Tag: Bank
Singapore central bank to issue digital bank licences
The move extends digital bank licences to non-bank players.
Indian bank manager charged for using fake signature to embezzle money in Dubai
The Court of First Instance in Dubai has charged a former Indian bank manager with embezzling more than AED120,000 from a customer’s account.
NRI loses ancestral jewellery as bank locker ransacked
If you think that bank lockers are the safest place for your valuables, then think again! An NRI from Singapore has alleged that his gold and diamond jewellery worth approximately SGD96,000 (INR48 lakh) disappeared from the locker of a government bank in Shalimar Bagh, New Delhi.
Bank of Singapore ties up with Edelweiss Group to capitalise on India’s wealth
Bank of Singapore has tied up with India’s largest financial service provider Edelweiss Group to allow clients of both entities to access their respective platforms.
StanChart Appoints New Head Of Global Banking In Singapore
Standard Chartered Bank announced yesterday that it has hired Chow Wan Thonh as its head of global banking, Singapore. She will report to Bharat Padmanabhan, Regional Head of Global Banking, ASEAN and South Asia, and Patrick Lee, Chief Executive Officer, Singapore.
DBS to double staff in Dubai to tap wealth of Middle East businessmen and rich NRIs
In order to capitalise on the growing wealth of Middle East businessmen and rich Non-Resident Indians, DBS plans to almost triple its revenue in the region. For this, it will also double its Dubai banking staff by 2023.
DBS CEO Piyush Gupta says fears about US-Sino trade war “somewhat overblown” for now
The fears surrounding the impact of the United States-China trade war are “somewhat overblown” for now, said Piyush Gupta, Chief Executive Officer of DBS Group.
Indian govt thinking of dollar deposit scheme for NRIs to halt Rupee’s fall
Trying to arrest the continued slide of the Indian rupee, the nation’s government is reportedly considering a dollar deposit scheme for non-resident Indians (NRIs) to increase dollar inflows.
MAS warns of fraudulent website soliciting bitcoin investments
The fraudulent site asks readers to sign up for a Bitcoin account and requests for credit card or bank account details.
