India

Allahabad Bank has set a business growth target of 21.39 percent by end of the current fiscal.

State Bank of Pakistan Governor Yaseen Anwar wants banks to prioritize SME banking and ensure the uninterrupted flow of finances to SMEs.

The Nepal Rastra Bank has approved the merger of two pairs of financial institutions to push the number merger approvals to 26.

The Indian government wants has created new rules to encourage state-owned banks to salvage junk assets.

Sri Lanka experienced positive first quarter foreign exchange earnings leading it to expect increased inflows this year.

Indian banks are scrambling to raise the massive capital needed to comply with both Basel III and their own expansion plans.

Export-Import Bank of Malaysia has signed a collaborative deal with India's ICICI Bank and YES Bank, to further enhance Malaysia-India trade.

The Reserve Bank of India has approved Morgan Stanley's application to engage in commercial banking in India.

The Reserve Bank of India advised banks to implement more processes in dealing with unclaimed deposits.

Union Bank of India became the first bank to make electronic banking easier for the visually impaired with its "talking" ATM.

SBI Cards launched a 'signature' card targeted at the high net-worth individuals.

Union Bank of Colombo announced an interim dividend of 15 cents per share, further strengthening its premise in delivering stakeholder value.

India Post will soon foray into core banking solution and set up 24 ATMS in Assam.

Citigroup, Inc plans add one million new customers from India’s middle class as it expands its credit card business.

Any account holder with Ahli United Bank in Bahrain may now be able to wire money to an Axis Bank account holder in India using the Internet banking platform.

Uco Bank will focus on retail lending to boost margin and may cut growth in the next five years to use capital frugally.