India
YES Bank’s net interest income up 37%
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 bank employees threaten to strike
The plan is on 20 December.
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.
Corporation Bank dealing to introduce FLASHremit in India
Money transfer within minutes.
India sets up supervisory bodies for SBI and ICICI Bank
A supervisory college each.
ICICI Bank provides flexible recurring deposit online
Targetting young depositors.
Indian banks hit for fake notes in ATMs
Counterfeit notes being dispensed by ATMs.
UOB's new country head for India to prioritize local corporates' expansion in SEAsia
"The expansion journey of India corporations is only just beginning," says Mr Ananthakrishnan.
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. Aussie banks launch digital locks versus online fraud 3. HSBC group chairman Mark Tucker announces retirement 4. UOB reports flat net profit growth in Q1 despite record fee income 5. J.P. Morgan unveils automated cross-currency payment collection and settling serviceResource Center
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