India
HSBC to offload stakes in India's Axis Bank, Yes Bank
HSBC to offload stakes in India's Axis Bank, Yes Bank
HSBC is on course to offload its entire 4.8% stake in Indian private banking major Axis Bank and its 4.8% stake in Yes Bank.
India fails to arrest rupee’s slide
India puts forward an underwhelming response to save the embattled rupee.
Bangladeshis deprived of bank loans due to govt borrowing: politician
Bangladeshi banks could no longer lend to clients due to excessive borrowings by the government.
Indian government assails downgrade of banks
India vents its anger on the stunning downgrade of some of its larger banks by Fitch Ratings, Ltd.
StanChart now approves Indian credit card applications online
Standard Chartered Bank now provides Indian clients the chance to apply for a card online and receive an 'Approval In Principle' almost instantly.
Bank Al Habib maintains credit ratings
Bank AL Habib maintained its long term and short term entity ratings by the Pakistan Credit Rating Agency at “AA+” and “A1+”, respectively.
Syndicate Bank to focus more on retail banking, SME loans
Syndicate Bank is looking to intensify its fee income, retail and SME loans to boost its balance sheet.
AGVB to add 31 new branches
Assam Gramin Vikash Bank will to add 31 new branches in this fiscal year to its existing tally of 369 branch networks.
NIDC Bank asked to raise capital
NIDC has been asked by Nepal's central bank to increase its capital so that it could invest more and facilitate growth of productive industries.
Sampath Bank leads the way in fund transfers
Sampath Bank registered the highest outward volume contribution and highest growth rate in SLIPS.
Bank of Ceylon records $7.53B balance sheet
Bank of Ceylon recorded Rs one trillion or US$7.53 biilion balance sheet at the end May, becaming the first corporate entity in Sri Lanka to do so.
India targets to have one bank account per family
India attempts the impossible in banking to boost its floundering banking industry.
Urban Co-op Bank set to merge with Cosmos Co-op Bank
Urban Co-operative Bank has been given a nod the by Odisha government to merge with Cosmos Co-operative Bank.
Dena Bank to fund agri warehouses
Dena Bank will fund the creation of warehousing infrastructure by Star Agri in Tier 2 and 3 cities.
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.
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