State Bank of India (SBI) Singapore unveiled its new branch office at Jurong East heartlands on Monday with the High Commissioner of India to Singapore, Jawed Ashraf, present as the guest of honour.
Tag: Banking
Singapore central bank to issue digital bank licences
The move extends digital bank licences to non-bank players.
RBI cuts rates to support sagging Indian economy; announces measures
The Reserve Bank of India on Thursday cut interest rates by 25 basis points in its latest credit policy for the third time this year. It also signalled the possibility of more rate cuts as it looks to support a sagging Indian economy.
Seven banks of Singapore to use NETS QR code for making cashless payments
To give a fillip to cashless payments, seven banks in Singapore will offer consumers the option of making payments using NETS QR code from the middle of next year.
OCBC registers net profit of SGD973 million in first quarter
OCBC the second largest bank of Singapore, registered a net profit of SGD973 million in the first quarter of the current year. This is a nearly 14 percent rise in quarterly profit.
OCBC and UOB to offer free shared ATM withdrawals
Singapore: Oversea-Chinese Banking (OCBC Bank) and United Overseas Bank (UOB) will have access to free, unlimited cash withdrawals at either bank’s automated teller machines (ATM).
OCBC gives SGD 600,000 for societal causes
Showing concern for society, OCBC Bank has decided to give SGD 600,000 to the CSR initiatives for various social causes in Singapore.
BOS acquisition: Singapore-based Indian joins as Global Market Head
Bank of Singapore (BOS) has recently completed the acquisition of the wealth and investment management (WIM) businesses of Barclays in Hong Kong and Singapore for a lower price.
Demonetisation: NRIs in the UK urge note exchange abroad
A large number of Indians in the United Kingdom have reportedly appealed to the Indian government to allow the exchange of denotified currency notes of Rs 1,000 and Rs 500 abroad.
Opening a bank account; more than eeni meeni miini moh
Singapore News: Indian expats will find it very easy to open a bank account and buy/use personal finance products and services in Singapore.
