BNP Paribas
Finance
HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up
The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......
General
Grapevine: Torrent Power eyes R-Infra discoms; BNP Paribas Wealth Management India shuts
Anil Ambani’s Reliance Infrastructure has initiated negotiations with Torrent Power to sell its 51% stake each in its two Delhi ......
Finance
Carlyle clocks stellar returns from partial exit in SBI Life
Private equity firm Carlyle, which had acquired a minority stake in SBI Life Insurance Company Ltd earlier this year, has ......
Finance
Bank of Baroda, BNP Paribas to merge mutual fund businesses
The mutual fund arms of state-run lender Bank of Baroda and the India unit of French financial services group BNP ......
Finance
IFC leads $550-mn investment round in L&T Finance
International Finance Corporation has led a $550 million (Rs 3,769 crore) investment round in L&T Finance Ltd, a wholly owned ......
Finance
Sundaram Finance to buy out partner BNP Paribas from housing finance unit
Sundaram Finance Ltd said on Thursday it has agreed to acquire BNP Paribas Personal Finance’s entire 49.9% stake in their ......
Finance
BNP Paribas appoints insider as head of India wealth management arm
French banking group BNP Paribas SA has appointed Ravinder Singh as the chief executive officer and managing director of BNP ......
Finance
French bank SocGen to slash 1,600 jobs in bid to boost profits
Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking arm, in an attempt to boost ......
Consumer
IFC may back Phoenix for agri supply-chain investments in India, other regions
International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to provide up to $20 million (around ......
Finance
How the pecking order of foreign banks is changing in India
Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......