India
India public sector banks to open insurance business
Lenders take advantage of profitability of insurance and mutual funds operations in the long run.
India public sector banks to open insurance business
Lenders take advantage of profitability of insurance and mutual funds operations in the long run.
State Bank of India mulls issuing retail bonds
Lender's launching of $11mln to $22mln seen as alternative way to bolster credit needs.
India plans injecting $2.1bln in public sector banks
Amount to be infused in Q1 prioritising lenders with 8% or above CAR.
3 Indian banks set to raise capital
Bank of Baroda, Bank of India and Corporation Bank eye acquiring total $1.2bln for expansion.
India asks legislators to trim State Bank stake
Selling 8.41% of its stake in lender aimed to generate $2.5bln needed for its growth.
StanChart aims India listing by end of March
Lender plans raising $750mln as it nears to become first foreign company to list in India.
SBI plans raising $4.3bln through rights issue
Amount will be added to lender's target of $10.8bln to satisfy India's growing loans demand.
India facilitates selection of public sector bank chiefs
Retirement of 10 PSB chiefs forced government to appoint one month ahead of schedule.
United Bank of India targets $72mln from IPO
Lender eyes raising the amount by offering 50 million shares worth between $1.3 to $1.43 each.
State Bank of India to lend $21.720 interest-free
SBI SMILE aims to encourage aspiring Indian entrepreneurs to open business by providing seed-capital.
Punjab National Bank mulls Indonesia operations
The lender capitalises on robust trade between India and Indonesia.
Reserved Bank of India backs ANZ Mumbai opening
Committee members approving foreign bank’s proposals for branch installation in the country unanimously favored ANZ's return.
India cancels plan for bank mergers and acquisitions
Central bank's aversion for consolidation of lenders spurs government to shelve moves to discuss M&As.
BankIslami to conduct due diligence on EGIBL
State Bank of Pakistan has permitted BankIslami to conduct due diligence on Emirates Global Islamic Bank Limited.
State Bank of India upgrades centralised banking system
Lender invested additional $192,475 to step up customer service in its 13,000 branches through technology.
Indian banks complain of high valuations in Indonesia
Overvalued stake offers shun SBI and Union Bank of India from buying Indonesian banks.
Major Arab bank eyes sale of RBS unit in Pakistan
The biggest publicly traded Arab investment bank is looking at acquiring a majority stake in the beleaguered Pakistan unit of Royal Bank of Scotland PCL, an official of the nation's central bank said Thursday.
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