India
Arundhati Bhattacharya to be named CEO of State Bank of India
Will be first woman CEO of India’s largest lender.
Arundhati Bhattacharya to be named CEO of State Bank of India
Will be first woman CEO of India’s largest lender.
Indian parliament thumbs down new bank licenses
Presents government with a massive problem.
Government investigating Indian banks’ unfair practices
Announces a study to facilitate investigation.
India boosting banking sector support for SMEs
Sets-up committee for provision of comprehensive financial services.
ICICI develops FB app for cash transfers
App targeted at young, net-savvy customers.
Indian government warns banks not to use unregistered telemarketers
Is receiving a large number of complaints from consumers.
RBI clarifies rule on ODIs
Confusion arising from existing and new regulations.
Only 40,000 Indian villages have bank branches
India has 600,000 villages.
Indian banks bolstered by new US$5 billion swap facility
It’s a huge help in their overseas fundraising.
India Post pushes plan to establish Post Bank of India
This despite government opposition.
MasterCard Purchase Control solution now available in India
Axis Bank now offers clients increased transaction security.
Indian Overseas Bank deepens cash management ties with Deutsche Bank
To speed up USD payments to China.
Will UBS quit its investment banking business in India?
Resignation of managing director fueling speculation.
Axis Bank upgrades security and control solution to corporate clients
Taps MasterCard's purchase control services for the first time.
Indian banks urge central bank to boost liquidity
Will assist growth and increase demand for manufactured goods.
India resurrects loans to NRIs
Another move to defend sagging rupee.
AgBank adding 1,500 more ATMs throughout China
NCR Corporation will supply the ATMs.