India

HSBC had agreed to sell its operations in Pakistan to the Asian country’s JS Bank Limited for an undisclosed sum.

Pakistan Post has launched an Electronic Money Order service at seventeen centres in ten districts of the country.

Pakistan's public and private banks and development finance institutions had written off loans amounting to Rs112.305 billion or US$1.187 billion over the past four years.

Bank of Baroda reduced its home loan rates by 0.25 percent across all categories for both new and existing customers.

Dampened investor sentiment caused Indian banks to experience almost stagnant credit growth in the first five months of the fiscal year starting April.

ING Vysya Bank's good asset quality will extends its good performance in the first quarter of FY13 through the rest of the fiscal.

Capital Markets are primarily driven by the exchange of Capital (in the form of cash or security) by those in need of Capital and by those offering it. The investment attracted by any Capital Market is influenced by many factors.

State Bank of India has signed an agreement that will allow it to support funding needs of Japanese companies in India.

Indian banks needs an additional US$90 billion to meet Basel III capital Requirements by March 2018.

Indian Bank will facilitate "online fee payment facility" for Tamil Nadu Open University .

The Indian government wants unclaimed funds amounting to US$446,825,738 from Indian banks of more than 10 years be credited to a new fund.

State Bank of India and the Japan Bank for International Cooperation will help small companies Japan do business in India.

HSBC sold its entire five percent stake in Federal Bank for a little over Rs 341 crore through open market transactions.

Union Bank of India plans to increase number of branches from around 3,200 to 3,500 by March, 2013.

Punjab National Bank has filed an application to open branches in Lahore and Karachi.

India and Pakistan have agreed to host two banks from each other.