India

India's weakened banking sector awaits stronger credit growth as it tucks bad loans away

From 4.7% in end-2016, loans booked double-digit growth of 14.9% in November.

India's weakened banking sector awaits stronger credit growth as it tucks bad loans away

From 4.7% in end-2016, loans booked double-digit growth of 14.9% in November.

India's ATM industry struggles with steep compliance costs

Half of the infrastructure may close down by March 2019.

Citi Private Bank announces top-level appointments for Indian business

The country is home to 263,000 high net worth individuals.

High credit costs hit Indian banks' earnings turnaround

Net interest margins will widen at a snail's pace.

India's mid-sized banks hop on personal lending bandwagon

Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.

YES BANK unlocks blockchain to champion vendor financing

Now customers and their clients can be in one platform and access real-time information on financing, improving process speed and productivity.

Asia to lead the 21st century through financial inclusion and data-driven banking

With over $3.8b invested in Asia’s fintech ecosystem in 2017 and the emergence of a bouquet of services such as insurtech, Internet of Things (IoT) in wealth management, consumer-centric targeted services, amongst others, the region is well-poised to emerge as the leader of next generation fintech applications. Asia is also home to one of the largest peer-to-peer (P2P) lending, crowd funding, and e-commerce markets which complement its growing fintech base.

How a ‘business first innovation' model boosted HDFC Bank's digital transformation

The bank worked closely with its business units and sister organisations to streamline innovation metrics.

Rana Kapoor reveals how innovation became YES BANK's major growth engine

The bank pioneered the use of technology initiatives such as AI and blockchain in India’s banking space.

India shakes up private bank management in bad debt crackdown

Yes Bank, ICICI and Axis Bank are replacing longstanding CEOs.

India eases cash rules for banks to soothe credit crunch

The central bank has eased the liquidity coverage ratio norms of banks.

India eyes merger of 3 state banks to create country's third largest lender

Vijaya Bank, Dena Bank and Bank of Baroda will be consolidated.

How may HDFC Bank's humanoid bot help you?

The AI-powered IRA 2.0 can identify customers, carry conversations, and guide them to specific counters based on their intended transactions.

India compels banks with over 10 branches to appoint internal ombudsman

It aims to strengthen banks’ internal grievance system.

India starts moving to merge debt-ridden state banks

The government has asked the central bank to prepare a list of merger candidates.

Indian banks urged to have cyber insurance

Smaller banks have insufficient coverage which does not cover cyber heists.

Google ties up with Indian banks to launch digital loan solutions

It aims to offer instant pre-approved loans to its app users.