Banking
Bancassurance distribution deal sealed in Mumbai
Indian private bank’s 7.8m clients to access full range of life products via strategic partnership
UAE bank fined $600k over money laundering risk
The transactions were made over the counter at Abu Dhabi Commercial Bank’s UAE branches
IndusInd Bank rolls out HNW wealth management platform
The ‘lifestyle’ offering links up to 10 family members and business accounts
NRIs forced to live with low returns on dollar deposits
Major banks slash rates on foreign currency deposits, and others to follow suit
India federal police reveal over $1bn of new bank fraud cases
The State Bank of India is among 15 banks identified in the extensive search