India
India preparing new policy roadmap for banking sector
India preparing new policy roadmap for banking sector
India’s Ministry of Finance is working on a new policy framework for the country's banking sector.
Pakistani banks told to process cases of sugar export
The State Bank of Pakistan advised all authorised dealers in foreign exchange to process the cases of sugar export.
Electronic fund transfers in India to become free
The Indian government urged the Reserve Bank to find a way in making electronic fund transfers free of charge.
ING Vysya Bank offers new fixed deposit scheme
ING Vysya Bank is now offering an interest rate of up to 9.5 per cent per annum for one-year deposits.
Allahabad Bank targets 21% growth
Allahabad Bank has set a business growth target of 21.39 percent by end of the current fiscal.
Pakistan's central bank wants more focus on SMEs
State Bank of Pakistan Governor Yaseen Anwar wants banks to prioritize SME banking and ensure the uninterrupted flow of finances to SMEs.
Mergers increasing in Nepal
The Nepal Rastra Bank has approved the merger of two pairs of financial institutions to push the number merger approvals to 26.
India encourages banks to salvage junk assets
The Indian government wants has created new rules to encourage state-owned banks to salvage junk assets.
Sri Lanka expects foreign inflows to increase
Sri Lanka experienced positive first quarter foreign exchange earnings leading it to expect increased inflows this year.
Indian banks strive to meet Basel III
Indian banks are scrambling to raise the massive capital needed to comply with both Basel III and their own expansion plans.
Malaysia's Exim Bank collaborates with India's ICICI Bank and Yes Bank
Export-Import Bank of Malaysia has signed a collaborative deal with India's ICICI Bank and YES Bank, to further enhance Malaysia-India trade.
Morgan Stanley to engage in commercial banking in India
The Reserve Bank of India has approved Morgan Stanley's application to engage in commercial banking in India.
Indian banks told to be serious with unclaimed deposits
The Reserve Bank of India advised banks to implement more processes in dealing with unclaimed deposits.
UBI inaugurates India's first 'talking' ATM
Union Bank of India became the first bank to make electronic banking easier for the visually impaired with its "talking" ATM.
SBI launches cards for high net individuals
SBI Cards launched a 'signature' card targeted at the high net-worth individuals.
Union Bank of Colombo announces 15% dividend
Union Bank of Colombo announced an interim dividend of 15 cents per share, further strengthening its premise in delivering stakeholder value.
India Post to set up ATMs in Assam
India Post will soon foray into core banking solution and set up 24 ATMS in Assam.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
