Branch Banking
India to close a third of overseas public sector bank branches
Around 70 foreign branches may be shuttered by end 2018.
India to close a third of overseas public sector bank branches
Around 70 foreign branches may be shuttered by end 2018.
India's Federal Bank secures clearance to expand to Bahrain, Kuwait and Singapore
It is only awaiting local approval before starting operations.
BEA China is the first foreign bank receiving clearance to open Shenzen branch
The bank has received the greenlight from China's banking regulator.
China Bank to open 10 more branches before year ends
The bank has reportedly set aside as much as $186,000 per branch.
Indian ATMs and bank branches are falling short of hot demand
Rajasthan village has no banking infrastructure to serve its 5,500 residents.
China greenlights establishment of overseas banks
Arab Bank has received the green light to set up a Shanghai unit.
Korean banks secure clearance to expand foothold in India
KEB Hana Bank and KB Kookmin Bank are looking to tap into India's growing wealth.
Taiwan's Chang Hwa Bank opens Manila branch
The branch will be CHB’s 12th overseas foothold.
Punjab National Bank shuts down nearly all operations in fraud-hit Mumbai branch
Only retail operations are said to remain operational at the Brady House branch.
DBS on track to launch Indian subsidiary by October
The bank is only waiting for final greenlight from the central bank.
Woori Bank acquires financial institution in Cambodia
The bank renamed the combined entity as WB Finance.
Indian banks ordered to streamline ATM security upgrades
This includes the installation of anti-skimming devices and whitelisting solutions by 2019.
Bank of China to open branch in India
Approval from the central bank is expected shortly.
Standard Chartered to apply for virtual bank license in Hong Kong
The move follows the publication of revised guidelines by the central bank.
India mulls consolidation of state banks
Bank of Baroda and Canara Bank may absorb smaller lenders.
Standard Chartered to split Asia operations into Hong Kong and Singapore hubs
The move aims to curb costs and simplify the bank's structure.
Staggering costs prompt Japanese banks to shut branches down
MUFG Bank will cut the branch numbers by 20% whilst Mizuho will close around 100 domestic locations.
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