India

Foreign banks that today supply only 5% of India’s total lending will soon be required to provide some 40% of loans needed by small businesses and exporters.

The tough liquidity ratios that allowed India’s banking system to withstand the worst of The Great Recession will get even tougher.

Bangladesh's current account balance recorded more surplus in December due to more remittance inflow and increase in export.

Japan isn’t the only country looking to strike M&A fortunes in Europe.

While Pakistani banks are earning profits, they failed to mobilise deposits which fell between June and November 2011 and in January 2012. There was a marginal rise in December.

Government-owned State Bank of India reported a welcome 15% rise in new profit during the quarter up to December 2011. But this was the only bit of good news for the quarter.

Bank of Baroda plans to expand its African business with ten new branches in the next four to five months.

The Reserve Bank of India ordered all commercial banks to refrain from overvaluing houses while providing loans.

The government of Pakistan will pick up 50 percent of the outstanding loans including mark-up of rice millers/traders.

JBIC will provide $180 million, while SMBC and Bank of Tokyo-Mitsubishi UFJ are funding $120 million to ICICI Bank.

Indian banks should be able to absorb loan-losses stemming from the cancellation of second-generation mobile licenses without materially impairing credit quality.

Andhra Bank witnessed a decline of 8.45 per cent in its net profit at US$61.7 million for the third quarter ended December 31, 2011.

Corporation Bank posted a marginal 5.2 per cent increase in its net profit at US$81.9 million for the third quarter ended December.

Indian Overseas Bank is hoping to recover around US$302.8M this fiscal to reduce its non-performing assets, said a top bank official Saturday.

Fitch revised Andhra Bank's outlook to negative.

The lender invokes right to secrecy on its details and strategy on the deal.