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The Latest Breaking News from Standard Chartered Bank

FCNR(B) inflows can boost bank lending, support festive demand: Former Standard Chartered Bank MD Sanjeev Mehta

Foreign Currency Non-Resident Bank deposits are significantly enhancing banking liquidity, providing an essential boost for lending opportunities. This heightened liquidity is expected to meet the anticipated consumer demand during the festive season. To avoid financial losses from idle deposits, banks must judiciously allocate these funds. Additionally, this surge in inflows…

The Economic Times · Sep 10

ET World Leaders Forum 2026: AI will reshape payments, but trust will be the real battleground

AI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and transaction legitimacy. New security measures will distinguish between genuine and malicious automated activity. Payment rails may become invisible as consumers focus on speed and reliability.

The Economic Times · Aug 21

StanChart sees weak baht for rest of 2026

Standard Chartered Bank (Thai) expects the baht to remain weak for the rest of the year, despite its recent appreciation this week driven by external factors.

Bangkok Post · Aug 6

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China signs up 26 financial institutions to digital yuan cross-border payment platform

The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement platform that supports round-the-clock digital payment links with foreign central banks and overseas financial institutions.

The Economic Times · Jun 16

ADB, StanChart ink partnership to support Indian firms across supply chains

The Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-sharing for USD transactions via GIFT City and a guarantee facility for rupee transactions, aiming to expand access for businesses and enhance trade flows.

The Economic Times · Jun 3

Standard Chartered to cut over 7,000 jobs as bank steps up AI adoption

HONG KONG — Standard Chartered plans to cut more than 7,000 jobs over the next ‌four years as it boosts adoption of artificial intelligence (AI) while targeting growth.

Bangkok Post · May 19

Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed deposits

Senior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana and Utkarsh lead with 8% interest, while private banks such as Bandhan and YES Bank offer up to 7.75%. Public sector banks, including Bank of India and Standard Chartered, provide…

The Economic Times · May 15

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Eye screening project to benefit 5 lakh people

LVPEI Hyderabad, in collaboration with Standard Chartered Bank and government healthcare facilities, has launched 'Closing the Gap' project in Siddipet district of Telangana. It will benefit 5 lakh individuals in 180 villages over 4 years. The project involves community eye health workers, door-to-door eye screening, referrals and delivery of services…

The Hindu · Oct 15, 2023

StanChart sees more stability post-election

Standard Chartered Bank (Thai) expects the new administration is likely to have greater stability and unity than the current government thanks to a stronger political base.

Bangkok Post · Apr 20, 2023

Standard Chartered Agrees to Sell Business in Jordan

Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), the two parties said on Sunday, as Standard Chartered presses ahead with plans to exit seven markets in Africa and the Middle East. The bank entered into an agreement with AJIB, subject to central bank approval,…

Asharq Al-Awsat · Mar 27, 2023

Pre-qualification Stage of Licensing for Five Exploration Sites Kicks off in Saudi Arabia

The Saudi Ministry of Industry and Mineral Resources announced on Sunday the launch of the pre-qualification stage for the tender of five metals exploration sites in the Kingdom. This follows the signing of the Ministry and Standard Chartered Bank (SCB) a memorandum of understanding to assess the requirements for sustainable…

Asharq Al-Awsat · Feb 13, 2023

Advanced primary eye care centre at Koheda

HYDERABAD

The Hindu · Oct 12, 2022

Nigeria eyes Standard Chartered rail project loan after Chinese hold up

Nigeria has approached Standard Chartered Bank for funding of two rail projects, its Transport Minister Rotimi Amaechi said on Wednesday, after delays from Chinese lenders.

Reuters · Feb 2, 2022

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