Banking
India’s answer to Visa and Mastercard hits the UAE
RuPay charges one tenth of the transaction fees levied by its international competitors
Two of India’s biggest banks hit by fines for non-compliance
India’s largest bank gets penalised $1m, while another is fined for cyber security lapses
Pictet WM eyes Indonesian and Chinese clients
Firm said its pure discretionary business in Asia is higher than the average in the region
Oman and UAE banks eye high net worth market
Wealth management centre and investment solutions on agenda to grow client offering
India’s state bank pushing into wealth management
It wants to open 55 centres across the country by 2020