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IndusInd International Holdings: IndusInd aims for $50bn BFSI valuation after RCap buy | Mumbai News

IndusInd International Holdings aims to establish a banking, financial services, and insurance portfolio worth $50 billion by 2030 through investments in IndusInd Bank and new businesses under Reliance Capital. IIHL has completed regulatory formalities to increase stake in the bank to 26% from 15%.
United Kingdom General United Kingdom Madhya Pradesh Amit Shah Hitesh Sethia Kusal Roy

Ambani's Jio Financial plans to tap StanChart executive as unit CEO

Billionaire Mukesh Ambanis new financial services firm is set to appoint Kusal Roy, the India country manager of Standard Chartered Plc, as the CEO of one of its units, Jio Finance Ltd. Roy will join the firm in the coming weeks, pending regulatory approval. Jio Financial is expanding its services and talent pool, including hiring KV Kamath as non-executive chairman and Charanjit Attra as chief operating officer.
United Kingdom United Kingdom General Kusal Roy Mukesh Ambani Reliance Industries Standard Chartered Plc India

Standard Chartered India appoints Saurabh Jain as head of wealth management

Standard Chartered India appoints Saurabh Jain as head of wealth management : Rashtra News #Standard #Chartered #India #appoints #Saurabh #Jain #wealth #management Standard Chartered Bank, India, has announced the appointment of Saurabh Jain as its new head of wealth management effective 1st March, said a statement issued today. Jain will take over from Samrat Khosla,
Eugene Puar Saurabh Jain Kusal Roy Samrat Khosla Standard Chartered Bank Standard Chartered Securities

Stanchart to continue focus on wealth management in India

Standard Chartereds India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the countrys private banks, said a senior executive of the British lender. Our focus on wealth management and affluent clients are central to our existence. We are strong in these areas and we want to grow in these areas.
Hong Kong United Arab Emirates United Kingdom Standard Chartered Bank Kusal Roy Axis Bank
Source: rediff.com

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This is how corona outbreak led to increased borrowings among Indian millennials

This is how corona outbreak led to increased borrowings among Indian millennials PTI Mumbai: Nearly half of Indian millennials surveyed by a foreign bank have reported an increase in borrowing in August-September amid COVID-19 pandemic. The survey by British lender Standard Chartered also said that the millennials – defined as those born after 1981 – are finding it “highly challenging” to manage their day-to-day expenses such as household bills as compared to other segment...
United Kingdom Kusal Roy Standard Chartered India Kusal Roy ஒன்றுபட்டது கிஂக்டம் குசல் ராய்

Millennials: COVID impact: Nearly half of Indian millennials report increased borrowing in Aug-Sep

In India, almost half (48 per cent) of millennials are saving for a major purchase like a new car or home, as compared to 28 per cent of those over 45, and 39 per cent are pursuing better investments.
United Kingdom Kusal Roy Standard Chartered India Kusal Roy ஒன்றுபட்டது கிஂக்டம் குசல் ராய்

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