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The Latest Breaking News from SCB

SCB MLA Lasya Nanditha accident case: Tipper driver taken into custody for withholding information

Secunderabad MLA Lasya Nanditha's fatal crash on ORR, driver arrested for withholding information, officials confirm details.

The Hindu

The $12.5 Billion Fraud That Has Shocked Vietnam

Retired nurse Nga put her life savings into a bond at Vietnam's SCB bank, but now cannot access her money after being caught up with tens of thousands in a multibillion-dollar scam that has shocked the nation.

International Business Times

MLK Day paint project offers a way to serve for any ability

Although Envision Unlimited’s Westtown center was closed Monday, the painting project took on the life of a project it normally hosts for people with developmental disabilities.

Chicago Sun-Times

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Residents must seek permission of Secunderabad Cantonment Board before drilling borewells

SCB requires permission & charges for borewells in Secunderabad Cantonment Board area. Residents' objections invited within 30 days.

The Hindu

BRS victory would have expedited SCB-GHMC merger, says Cantonment MLA

G Lasya Nanditha, a first-time MLA, wins Secunderabad Cantonment Assembly constituency seat with 17,000 votes, promises to merge SCB with GHMC.

The Hindu

Secunderabad Cantonment: Educated eager for merger, poor worried about their rights

Secunderabad Cantonment is one of the 15 constituencies in Hyderabad, forming an integral part of the Malkajgiri Lok Sabha constituency.

The Hindu

Secunderabad Cantonment Board receives ₹5 crore grant-in-aid

SCB has been granted ₹5 crore by MoD for infrastructure development as part of the annual Grant-In-Aid disbursement of ₹300 crore to 48 deficit cantonment boards for FY 2023-24.

The Hindu

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One more Bahanaga accident victim succumbs to his injuries in Cuttack

BHUBANESWAR: A youth from West Bengal, who was seriously injured in the Bahanaga Bazar triple-train crash on June 2, succumbed to his injuries on Friday while undergoing treatment at the SCB medical college and hospital (MCH) at Cuttack.

The Times of India

MoD proposes excision of 58 cantonment boards, including SCB

MoD proposes to excise 58 cantonments, incl. Secunderabad, to merge with State municipalities. Long-standing demand of SCB merger with GHMC. NGOs, RWAs wrote to PM Modi. MoD issued order to reopen 5 arterial roads. Consultation, concurrence of State govts needed for implementation.

The Hindu

Cantonment Board employees protest for benefits

Members of the All-India Cantonment Board Employees Federation (AICBEF) on Wednesday protested for benefits of employees and pensioners in the wake of the ongoing issue on excision of civil areas from Cantonment Board.

The Hindu

SCB Julius Baer targets second-generation wealth transfer

As the number of high net worth (HNW) individuals in Thailand continues to rise despite the uncertain global investment environment of the past few years, HNW wealth management matters have become more complex.

Bangkok Post

Dumfries butcher lands national recognition for pork sausages

Daniel West only took over Mogerleys from uncle Gordon Little a few months ago

Daily Record

BoT zeroes in on cash transaction fees

As digital payments increase, the Bank of Thailand is focusing on cash users by adjusting banks' fee structures.

Bangkok Post

SCB aims to use joint venture for growth

Siam Commercial Bank (SCB) plans to expand its wealth management customer base by 12% per year for the next 3-5 years, hoping to raise its fee-based income.

Bangkok Post

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Bangkok Post

Shares of KBank, SCB plunge amid Stark issues

Shares of Kasikornbank (KBANK) and Siam Commercial Bank (SCB) fell sharply on Thursday as investors were concerned that Stark Corporation (STARK) may default on loan payments with both banks, say analysts.

Bangkok Post

Using digital tech, SCB X eyes virtual bank licence

SCB X, a holding company of Siam Commercial Bank (SCB), is keen to obtain a virtual bank licence as part of its five-year business strategy.

Bangkok Post

SCBAM prescribes global, investment-grade bonds

SCB Asset Management (SCBAM) recommends investors allocate funds to global and high-investment-grade bonds that enable them to buy Asian and US tech stocks amid ongoing global headwinds and a potential recession.

Bangkok Post

Building a digital bank with a human touch

Siam Commercial Bank (SCB) is moving towards digital banking services, though the 117-year-old financial institution still believes in a combination of human quality and technological efficiency, describing its strategy as a "digital bank with a human touch".

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Bangkok Post

SCB unveils new digital bond service on its mobile app

Siam Commercial Bank (SCB) plans to ramp up digital bonds as part of its digital banking strategy, aiming to provide more convenience to retail bond investors.

The Times of India

Secunderabad Cantonment Board polls deferred as defence ministry issues gazette notification

HYDERABAD: Elections to the eight civilian wards in Secunderabad Cantonment Board (SCB) in Telangana — which were supposed to be held on April 30 — have been deferred.

Bangkok Post

Asia follows Wall Street down, SET falls below 1,600

RECAP: Asian shares slumped on Friday, with the SET closing below 1,600 points, following a sharp decline on Wall Street amid concern that pockets of trouble in the US banking sector could portend broader dangers.

Bangkok Post

Baht tipped to strengthen after US rates peak

The baht is likely to recover and strengthen to 33-34 to the US dollar by the end of 2023, as the greenback could go into reverse and start to depreciate in six months, says SCB Chief Investment Office (CIO).

Bangkok Post

SCB focuses on digital bank strategy

Siam Commercial Bank (SCB) aims to become a universal digital bank and upgrade its mobile banking platform to be No.1 in wealth management services.

The National (Scotland)

Launching a Scottish pound will be straightforward, but we must plan ahead

IN this series of articles members of the Scottish Currency Group outline the case for a separate Scottish currency – the Scottish Pound – to be…

Bangkok Post

Collapse of the SCB-Bitkub deal

Siam Commercial Bank (SCB), Thailand's oldest lender, announced on Aug 25 the collapse of its acquisition offer for 51% of the shares of Bitkub Online Co (Bitkub) from Bitkub Capital for 17.8 billion baht, citing regulatory issues.

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