India

Roughly about 80 million seniors in India are being persuaded by banks to avail of customised products.

Wincor Nixdorf executive Ricardos Khoury said State Bank of India plans to install 1,000 more branches and upgrade its services.

In the next two to five years, SocGen is set to add services to existing locations in India and to acquire 37 percent stake in SBI Funds Management.

Part of PNB's expansion overseas includes tapping Kazakhastan market.

Concerns prompted Indian government to look for details of the merger.

ICICI enters a US$80 million joint venture deal with First Data.

The partnership would enable DBS to offer Aviva services to high net worth customers in India.

Zarai Taraqiati Bank made an unprecedented recovery during the previous year with an increase in profit by US$24.14 million from approximately US$6 million in the previous year.

Dhanalakshmi Bank is leveraging technology to spread its footprint across the country with its new Internet banking services.

Personalised service to Sri Lankan overseas workers allowed Seylan Bank to disburse US$110.48 million in remittances in the first semester.

Increased earnings from fixed income securities and customer deposits pushed Hatton National Bank's net interest income up by 18 percent to US$61.67 million.

Zarai Taraqiati Bank Limited's new credit plan for fiscal year 2009-10 will amount to US$968 million for different development schemes.

India's ICICI Bank may have posted a profit last quarter, but deposits shrunk 6.4 percent even as it increased branches by 13 percent and its rivals gained deposits.

It’s good news for now as India's largest bank adds branches in rural areas and gaining market share against rivals like ICICI.

The Government of the Punjab contributed US$123 million as advance subscription money towards proposed increase in the Bank of Punjab’s paid up capital.

City Union Bank intends to raise US$52.6 million over the next two years to fund its expansion plans with 70 additional branches.