India

Indian banks might not meet Basel III

Large bad assets a big hindrance, said Standard & Poor's.

Yes Bank seeks to speed-up growth

Eyes Royal Bank of Scotland Group’s retail assets to attain this aim.

YES Bank’s net interest income up 37%

Guess which other segments are gaining additional momentum.

Indian Overseas Bank and Deutsche Bank to collaborate on cash management services

Indian Overseas Bank will use Deutsche Bank's global cross-currency payments solution.

Yes Bank, IndusInd target Indian retail assets of RBS

Yes Bank and IndusInd Bank are negotiating to acquire Royal Bank of Scotland's Indian retail assets.

BNP Paribas has new co-head for corporate finance

BNP Paribas SA has appointed Jwalant Nanavati to this position.

Indian banks seek relief from liquidity squeeze

Look to the Reserve Bank of India to conduct OMOs.

Acquisition of Pakistan's Askari Bank gets approval

The Fauji Foundation may now acquire majority shares of the Askari Bank.

Pakistan wants more branchless banking

There exists a large ‘financially-excluded’ market in Pakistan.

HDFC Bank to expand by 250 branches in Gujarat

HDFC will focus on expanding in Gujarat, opening 250 branches over the next three years.

India's Dena Bank to restructure SME loans

Dena Bank announced it will work out a loan restructuring package for SMEs.

Indian banks admit massive losses to fraud

Duped out of US$817 million in the last financial year.

HSBC calls off RBS India acquisition

The proposed RBS India acquisition fell through due to HSBC's global cost cutting drive.