stanchart

Standard Chartered (StanChart) is one of the few multinational banks for which India is key market in wholesale and retail business. It has consolidated its leadership among MNCs with Citi exiting the retail business. The bank is also…

Standard Chartered Bank's India operation is seeking buyers for its $1.6 billion distressed loan portfolio comprising corporate debt in an effort to clean up its books, said two people aware of the development. Standard Chartered…