A PYMNTS Company

India: Standard Chartered Bank to buy Barclays personal loan portfolios

By  |  November 29, 2012
India: Standard Chartered Bank to buy Barclays personal loan portfolios

Standard Chartered Bank has been approved by the Competition Commission of India to buy some of Barclays’ loan assets. The Commission backed its decision by pointing out there are a number of competitors in India’s banking market that issue personal loans, including personal installment loans, loans against property and home loan finance, the types of loan portfolios which Standard Chartered Bank will be buying.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Indian Express

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.