India
ADB, IFC, Citibank, MCB boost Pakistan's textile sector
ADB, IFC, Citibank and MCB Bank will help boost Pakistan’s textile industry.
ADB, IFC, Citibank, MCB boost Pakistan's textile sector
ADB, IFC, Citibank and MCB Bank will help boost Pakistan’s textile industry.
State Bank of India plans South Korea operations
SBI is also seeking to acquire an Indonesia bank in cash deal not exceeding US$100mln.
Punjab National Bank names Rakesh Sethi executive director
Sethi has been appointed as director for a period of five years replacing Nagesh Pydah.
SBI’s non-performing loans affects asset quality
Despite concerns, Fitch has retained highest long-term rating of SBI at AAA with stable outlook.
Deutsche Bank obtains 11 bids for India credit card unit
Banking giants ICICI Bank and Standard Chartered are among the 11 interested.
ICICI Bank secures $1.5bln loan agreements with Chinese lenders
ICBC and China Development bank grant funding to help Indian companies fund imports from China.
Bank of Baroda to add 900 branches and recruit 7,500
The global financial crisis spurred the bank to grow its local and international business operations.
Search is on for 8 public sector bank chiefs
Indian government kicks off move to replace chiefs of 8 banks that will retire next year.
ICICI Bank terminates special mortgage offer
India's central bank is discouraging "teaser loans" due to a higher risk of delinquencies.
India’s Union Bank to unveil mobile payment services
Partnership with Nokia and Obopay allows users to store money safely, to send money and to make payments across locations.
ICICI Bank sees 18% credit growth in 2010-11
The lender attributes positive growth to its healthy current accounts and savings accounts deposits level.
State Bank of India sees launch of $4.4bln rights issue soon
Government needs to subscribe big to maintain its stakeholding at the existing level.
Union Bank of India mulls issuing Swiss franc bond
The move has not been seen from any Indian lender since 1987.
Bank of Baroda to open 8-9 overseas branches
Crisis provided opportunity for the lender to step up its international business operations.
State Bank of India to sell $681mln Euro bonds
The bank will meet investors in 9 European cities from Nov. 17 to sell five year debt.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
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Generative AI’s role in the evolution of banking