India

UBS shuts down Indian banking unit

Reassessment of business strategy ignited decision to quit.

SBI sees profit from bond sale

Will profit substantially from rupee plunge.

Here's why it's high time for ethical banking in Asia

Ethics is more important in any profession. Without ethics an institution cannot run professionally, it can run only in its own way.

India strengthening Exim Bank

Adds US$517 million to finance exports of heavy industry goods.

State Bank of India to merge with subsidiary

India's largest bank not constrained by merger cost.

ICICI Bank launches “HiSave”

Pays market-leading rate to selected savers.

Axis Bank, IFC increasing trade finance for Indian SMEs

Will provide partial or full guarantees covering clients' payment risk .

India moves against rising restructured debt risk

Orders banks to boost reserves to 5% from 2.75%.

India issues clarifications on new bank licenses

Norms seem to favor large corporations, however.