India

India resurrects loans to NRIs

Another move to defend sagging rupee.

India’s Exim-Bank opens Rangoon office

Will help promote trade between India and Burma.

Woori and Mahindra to organize JV for vehicle financing

Will help finance vehicles sales for Ssangyong Motor.

ICICI launches India’s first “Branch on Wheels”

It's part of the bank’s financial inclusion initiative.

Rajan announces confidence boosting measures for banks

New banking licenses will be issued by January.

New RBI Governor takes office today

Raghuram Rajan faces staggering problems from sinking rupee.

RBI eases restrictions on capital outflows

Also allows Indian companies more discretion to raise funds.

Low ATM penetration plagues India

Rural areas remain under served.

India to introduce four-tier banking structure

Will promote financial stability and resiliency.