India
HDFC loan growth beat industry average at 22% in Q1
Personal, credit card, two-wheeler and business lending performed strongly.
HDFC loan growth beat industry average at 22% in Q1
Personal, credit card, two-wheeler and business lending performed strongly.
Overdue property loans deals another blow to weakened Indian banks
Banks are struggling to recover around $20b of loans from developers.
India to close a third of overseas public sector bank branches
Around 70 foreign branches may be shuttered by end 2018.
India's Federal Bank secures clearance to expand to Bahrain, Kuwait and Singapore
It is only awaiting local approval before starting operations.
India set to inject $2b into ailing state banks
The latest capital infusion aims to enable banks to build capital buffers.
India needs to trim its bloated banking sector: CEA Subramanian
A healthy system has between three to five public and private sector banks.
Indian ATMs and bank branches are falling short of hot demand
Rajasthan village has no banking infrastructure to serve its 5,500 residents.
India's PNB aims to reverse steep downfall with one-off share sale
The bank reportedly plans on selling its stake in its housing finance unit.
Korean banks secure clearance to expand foothold in India
KEB Hana Bank and KB Kookmin Bank are looking to tap into India's growing wealth.
Indian banks' loan growth up 12.84% in June
Lending to retail and SME buoyed embattled banking sector.
Indian court affirms ruling banning bank dealings in virtual currencies
The regulator gave banks three months to cease all crypto operations.
Punjab National Bank shuts down nearly all operations in fraud-hit Mumbai branch
Only retail operations are said to remain operational at the Brady House branch.
Deutsche Bank zeroes in on India's bad loans
The German lender is hoping to generate massive returns by refinancing and trading debt.
Indian banks embrace AI to drive costs down
SBI has deployed a virtual assistant to resolve customer queries.
DBS on track to launch Indian subsidiary by October
The bank is only waiting for final greenlight from the central bank.
Indian banks ordered to streamline ATM security upgrades
This includes the installation of anti-skimming devices and whitelisting solutions by 2019.
India eyes stressed management company housing bad loans in power sector
Soured loans in the sector are estimated at $26.4b.
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Technology to underpin future of financial services
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Banking Technology
Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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