India

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.

India’s Exim-Bank opens Rangoon office

Will help promote trade between India and Burma.

Woori and Mahindra to organize JV for vehicle financing

Will help finance vehicles sales for Ssangyong Motor.

ICICI launches India’s first “Branch on Wheels”

It's part of the bank’s financial inclusion initiative.

Rajan announces confidence boosting measures for banks

New banking licenses will be issued by January.

New RBI Governor takes office today

Raghuram Rajan faces staggering problems from sinking rupee.

RBI eases restrictions on capital outflows

Also allows Indian companies more discretion to raise funds.

Low ATM penetration plagues India

Rural areas remain under served.