Retail Banking
India’s central bank establishes regulatory review cell
India’s central bank establishes regulatory review cell
It will ensure the systemic internal review of regulations every 5-7 years.
SCB Easy App unavailable on 5 October 2025
The app is being upgraded during the period, SCB said.
SMBC Group, Jefferies to establish wholesale equities business in Japan
SMBC is also increasing its investment in Jefferies to up to 20%.
BSP probes bank accounts tied to flood control corruption
This comes after a department secretary filed an official request.
Philippine central bank limits daily cash withdrawals, transactions to $8,750
Transactions beyond that must be done through traceable channels like cheques, and online transfers.
Weekly Global News Wrap: Yes Bank ex-CEO charged; US banks cut rates
And a software used by Aussie banks’ is being tested for a possible teen social media ban.
SMBC to buy additional 4.2% stake in Yes Bank for $101.7m
It has already completed the acquisition for a 20% equity stake in the Indian bank.
NAB boards mourns passing of former director David Armstrong
Armstrong was with NAB from 2014-2023.
Hong Kong eases info-sharing in banks’ anti-fraud push
The changes let banks share more information without fear of liability.
Indonesia loan growth slows with drawdown delays, NPLs under scrutiny
Malaysia-based investors are watching for signs of a recovery going into FY2026F.
Australia, New Zealand propose reforms on AT1 capital rules
New Zealand wants to remove AT1 capital and introduce more granular standardised weights for credit risk.
ANZ sets up resolution program, to submit remediation plan
ANZ could spend approximately A$150m on implementing the remediation plan.
SCB consolidates retail units under new consumer banking group
It is overhauling its branches as well as upskilling branch staff and relationship managers.
Philippine cash remittances up 3% to $3.18b in July
Cumulative cash remittances for the January-July 2025 period is now at $19.93b.
GXS Bank expands SME lending after Validus acquisition
It’s also targeting Grab merchants and Singtel customers for financing.
ASIC eases disclosure rules on deposit rates for banks
The relief is extended until 1 October 2030.
ANZ fined $240m for incorrect trading reporting and misconduct
This is the largest ever announced by ASIC against one entity.
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