India
India to appoint eight bank chiefs
India to appoint eight bank chiefs
Move follows finance minister's appeal to ensure vacancies in state-owned banks be filled immediately.
HDFC Bank plans to add 150 more branches
Lender wants to set up additional branches in rural areas and overseas.
SBI Capital to release $21.68mln SME fund
Fund to rope in private equity investment in SME's by providing them critical capital for growth.
HDFC targets to open 250 new branches
Lender plans to hold 150 ‘loan camps’ as it focuses on semi-urban and rural areas.
Punjab National Bank targets $1.12bln business in 2010
Estimate 21.1% higher than 2009 as lender will give priority to retail, agriculture and MSME sectors.
State Bank of India raises $1bln notes sale
Bonds to be issued through SBI's London branch and would be listed on Singapore Exchange.
Foreign insurance firms woo India's PSU banks
MSIG, Manulife and Ergo are hunting for public sector banks to enhance their fee-based income as cushion from crisis.
State Bank of India sells dollar-denominated bonds
$850mln of five-year bonds SBI sold in October dropped to lowest in at least a month.
HDFC Bank targets more than 20% loan surge
Improving business and consumer confidence in economy helped lender meet its Q1 forecast.
State Bank of India spearheads airlines' debt restructuring
India's central bank to discuss with 13 banks about $13.5bln loan of country's aviation sector.
Uco Bank expects 33.4% FY2011 profit surge
Lender expects $289mln FY11 net profit driven by credit growth from large and mid-corporate sector.
HSBC boosts India presence by buying RBS businesses
The $1.8bln India expansion is part of the lender’s strategy to set up businesses in emerging markets.
World Bank to grant $1bln loan to India
India seeks amount to recapitalise its PSUs after receiving $2bln last year.
Rabobank divests $213mln stake in Yes Bank
Rabobank sells 11% stake to open bank focusing on agriculture, food, renewable energy and clean technology.
ICICI to acquire Bank of Rajasthan rural branches
Yet ICICI's ‘foreign-owned, Indian-controlled' tag could hamper change in sponsorship of MAGB.
India approves $1.34bln infusion in 5 PSU banks
Move to leverage infused amount to enable lending $16.8bln to productive sectors in the economy.
India to inject $1.32bln to state-run banks
The government aid worth 62.11 billion rupees will be injected into five state-run banks for their capital and lending needs.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
