India

Canara is the sixth Indian lender to set up a branch in Leicester.

The year-long expansion will enable the bank to provide low-cost services all over the country.

The two firms synergize resources to form ICICI Merchant Services, a merchant acquiring alliance.

Indian public sector banks need to fill in vacancies caused by business expansion, resignations and retirements.

Hong Kong opens colossal break in OBC's global expansion efforts.

Axis respects customers' right of choice even when they shift a loan to a competing bank.

Keki Mistry replaces Deepak Parekh as HDFC’s CEO on 31 December after 16 successful years.

Bank joins bandwagon on profiting from the recovery of realty sector with a promo.

The recent upgrade of India's foreign currency deposit ceiling also improved that of its banks. Moody’s Investors Service also upgraded the long-term FC deposit ratings of 14 Indian banks to Ba1 from Ba2.

Bank of Ceylon’s post-tax profit for end of 2009 grew by US$4.4 million to US$17.4 million. The figure is a 34 percent increase from US$13 million in 2008, amid a challenging economic situation.

Indian government ensures its support provided that public sector banks would meet regulators' guidelines.

ICICI eyes to operate in Singapore after getting clearance to operate in Britain and Canada. 

Regulator gave in to bankers' appeal for easier dispensation that reduces pressure on banks.

Additional 23 branches will give State Bank of India the distinction as Indian bank with largest foreign presence.

IDBI Bank believes the union would increase likelihood of expanding presence in three states.

Finance Ministry has requested public sector banks' counsel on the move despite RBI's adverse stand.