India
Indian banks ordered to go to court to resolve $31b bad loans
The banks are urged to use insolvency laws.
Indian banks ordered to go to court to resolve $31b bad loans
The banks are urged to use insolvency laws.
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.
Everything you need to know about Indian banks' $191b 'zombie' debt
It's threatening the country's economic expansion.
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.
Axis Bank's earnings slump 43% to US$190m in Q1
No thanks to higher NPL provisioning.
Citi India launches new digital cross-border payment solution
Corporate clients won't need physical documents for international payments.
YES Bank's 4Q16 profit after tax up 30% to US$141m
Thanks to fee income's 72% growth.
HDFC Bank posts the highest operating profit in three years
It grew 27% in 4QFY17.
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.
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