Retail Banking
Punjab & Sind Bank suffer 62.5 % profit decline
Higher provisioning for bad loans pulled Punjab & Sind Bank'snet profit by 62.5 percent at Rs 24.03 crore for the first quarter ended June 2012.
Punjab & Sind Bank suffer 62.5 % profit decline
Higher provisioning for bad loans pulled Punjab & Sind Bank'snet profit by 62.5 percent at Rs 24.03 crore for the first quarter ended June 2012.
HDFC push Q1 net profit up 25 %
HDFC recorded 25 percent rise in consolidated net profit at Rs 1,275.86 crore for the first quarter ended June 30, 2012.
State Bank of India's asset quality improves
State Bank of India's asset quality has improved from last year, according to Chairman Pratip Chaudhuri.
KB turns back on Woori sale
Plans to privitize Woori Finance fell through as no one applied for the preliminary bids for the 57 percent government stake.
India to get UK support in supervising British banks
UK's Financial Services Authority and the Reserve Bank of India mutually assist and exchange information in supervision of banks operating in both...
Public Bank's earnings on a declining momentum: Research
Public Bank's return on equity has peaked and is on a declining trend going forward, according to Alliance Research.
How will Indonesia's new ownership cap rules affect DBS' bid for Bank Danamon?
Analysts believe DBS' acquisition of Bank Danamon is likely to go ahead despite the new regulations - but on what grounds?
Thai banks' net profit to rise 27% this year
So which banks in Thailand will have the highest net profit growth in 2012?
India's state-run banks directed to optimize capital utilization
India's state-run banks has been directed by the Finance Ministry to assess capital requirements, including investments in JVs or subsidiaries.
Philippine Savings Bank push earnings up by 50%
The Philippine Savings Bank reported an earnings increase of 50 percent year-on-year to P1.38 billion in the first half.
SCB, Kbank tops among Thai banks in Q2 results
Siam Commercial Bank and Kasikornbank led Thailand's banks in net profits during the second-quarter.
HSBC to retreat from Vietnamese Bao Viet group
HSBC plans to sell the shares it is holding of Vietnamese Bao Viet, a big insurance group.
HSBC to sell stakes in 2 more Indian banks after exiting Axis Bank, Yes Bank
HSBC is in talks with investors to sell stakes in Karnataka Bank and Federal Bank to free up capital to meet the stringent Basel III norms.
Fitch downgrades three major Japanese banks
Fitch Ratings Ltd downgrades three of Japan’s largest banks following a cut in Japan’s sovereign debt rating. Fitch said the downgrade was over...
SCB's quarterly earnings up 24%
Siam Commercial Bank's quarterly net profit increased 24 percent to Bt10.07 billion from Bt8.13 billion in the same period last year.
Public Bank pre-tax profit Up 2.1%
Public Bank's pre-tax profit slightly increased by 2.1 percent to RM2.49 billion in the first half from RM2.43 billion in the same period of 2011.
DBS' Peter Triggs to focus on private banking for clients in Middle East and Europe
As DBS' new managing director, head of international clients and wealth structuring, Triggs will be recruiting bankers with strong international...
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