India

IDFC Bank reveals 5 ambitious targets for 2020

Increasing the customer base from 1.5m to 10m is one.

Indian banks' weak capitalisation levels remain a key concern

Some public banks will require external equity capital of up to $14.6b.

Four things that stirred up a 'perfect storm' in Indian banking

The growing stressed asset burden amidst stretched corporate balance sheets is one.

Paytm Payments Bank to begin operations on May 23

Find out what the change will entail for the customers.

Indian regulators intensify efforts to solve banks' bad loan problems

Asset resolution will be a dominant theme in the sector over the next few years.

ICICI Bank's gross NPLs hit 8.8% in 4Q16

Headline numbers of stressed assets stand at 14%.

Why a bad bank is not the answer to India's debt dilemma

A government adviser says India already has five reasonably-sized asset reconstruction companies.

Citi India launches new digital cross-border payment solution

Corporate clients won't need physical documents for international payments.

IndusInd Bank eyes improving CASA ratio to 40%

It also plans to double its loan book and customer base.

Indian banks urged to raise provisions as bad loans mount

Lenders are asked to make provisions at rates higher than the regulatory minimum.

India's struggling banks could be forced to merge with rivals

That is if their capital levels fall below the new standard issued by the central bank.

Indian banks expected to post strong earnings growth for 4Q17

But there is one bank that might report a sharp decline in profits.