India

Indian banks urged to have cyber insurance

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

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.

The full-fledged recovery of India's banks hinges on privatisation and mergers

Overseeing 21 public sector banks has proven too difficult a task for the government.

Indian state banks recover $5.23b of bad loans in Q1

Bad loan recovery in Q1 for PNB and Indian Bank exceeded that of 2017-18.

India's Cosmos Bank loses $13.5m in crippling cyberattack

Hackers stole customer data through a malware attack on the ATM server.

India's ailing banking sector sparks call for privatisation

The quality of bank boards should be prioritised.

The worst is almost over for worn out Indian banks

An earnings turnaround is in sight by 2020 as banks start shedding off bad loans.

Indian government eyes reforms unleashing $8.72b in banking capital

Lowering the CET Tier-I ratio from 5.5% to 4.5% is expected to boost lending.

Ailing Indian banks shore up on fees from non-maintenance of minimum balance

State Bank of India led the pack in collecting customer penalties.

HDFC loan growth beat industry average at 22% in Q1

Personal, credit card, two-wheeler and business lending performed strongly.

Overdue property loans deals another blow to weakened Indian banks

Banks are struggling to recover around $20b of loans from developers.

India to close a third of overseas public sector bank branches

Around 70 foreign branches may be shuttered by end 2018.

India set to inject $2b into ailing state banks

The latest capital infusion aims to enable banks to build capital buffers.

India needs to trim its bloated banking sector: CEA Subramanian

A healthy system has between three to five public and private sector banks.

Indian ATMs and bank branches are falling short of hot demand

Rajasthan village has no banking infrastructure to serve its 5,500 residents.