India
State Bank of India to lend $21.720 interest-free
SBI SMILE aims to encourage aspiring Indian entrepreneurs to open business by providing seed-capital.
State Bank of India to lend $21.720 interest-free
SBI SMILE aims to encourage aspiring Indian entrepreneurs to open business by providing seed-capital.
Punjab National Bank mulls Indonesia operations
The lender capitalises on robust trade between India and Indonesia.
Reserved Bank of India backs ANZ Mumbai opening
Committee members approving foreign bank’s proposals for branch installation in the country unanimously favored ANZ's return.
India cancels plan for bank mergers and acquisitions
Central bank's aversion for consolidation of lenders spurs government to shelve moves to discuss M&As.
BankIslami to conduct due diligence on EGIBL
State Bank of Pakistan has permitted BankIslami to conduct due diligence on Emirates Global Islamic Bank Limited.
State Bank of India upgrades centralised banking system
Lender invested additional $192,475 to step up customer service in its 13,000 branches through technology.
Indian banks complain of high valuations in Indonesia
Overvalued stake offers shun SBI and Union Bank of India from buying Indonesian banks.
Major Arab bank eyes sale of RBS unit in Pakistan
The biggest publicly traded Arab investment bank is looking at acquiring a majority stake in the beleaguered Pakistan unit of Royal Bank of Scotland PCL, an official of the nation's central bank said Thursday.
Bank of India's unsecured notes get 'BBB-'
Standard & Poor's rated Bank of India's proposed senior unsecured notes under its US$2 billion medium-term notes program a 'BBB-'.
S&P scrutinizes IDBI's medium-term notes
Standard & Poor's assigned a 'BBB-' rating on the senior unsecured notes of IDBI Bank's proposed debt issues under the US$1.5 billion medium-term notes program.
State Bank of India eyes growth in Japan
Lender is also eager to act as broker that facilitates collaboration between Indian and Japanese firms.
Union Bank of India considers launching 210 branches
Grand expansion plan targeting $65 billion business includes setting up ATMs and putting up operations abroad.
ICICI Bank Q3 net falls by 13.4%
Net profit drop due to absence of treasury income is still smaller than anticipated.
Indian central bank's push for rate cut resisted
Banks cite cost mismatch as reason to reject RBI's planned regulation of cutting home loan rates.
India banks ask interest rates to be stabilised
Bankers said the fall in loan growth below 10 percent may be aggravated once RBI increases rates.
Punjab National Bank website attacked by malware
Damages to customers' PCs have been done as hackers were able to penetrate PNB website.
Union Bank starts move to acquire Indonesian banks
Talks with 3 to 4 small-scale Indonesian banks are part of the Indian lender's overseas expansion scheme.