News

11 new Executive Directors for Indian public sector banks

Ministry of Finance issues order for promotions.

Vietnamese central bank to hold stakes in weak banks

State Bank of Vietnam will then restructure banks.

Analyst worried over UOB's property exposure

Housing loans account for 28% of UOB’s portfolio.

SBI fined US$9,000 for violating currency chest norms

Second penalty in two months for State Bank of India.

Philippines’ Banco de Oro in alliance with seven Japanese banks

To support Japanese SMEs investing in the Philippines.

StanChart H1 net profit plummets 24%

Businesses in emerging Asian markets experiencing slower growth.

China considering huge boost to Internet finance

Research team studying new legislation.

BEA reports its lowest cost-to-income ratio since 2007

It fell 530bp sequentially to 54.2% in 1H13.

RBI thumbs down request for exemptions

All new banking license applicants must comply with all norms.