India
India’s financial services sector hit by Morgan Stanley downgrade
Rating cut to “cautious” from “in-line.”
RBI fines 22 banks US$8.3 million
Banks penalized for breaking anti-money laundering and other regulations.
ICICI will soon issue JPY bonds
Part of its strategy to diversify funding sources.
Indian banks falling short of Basel III capital standards
Need to raise US$25 billion by March 2018.
India intervenes to save rupee from free fall
Currency has lost 12% since April.
Analysts predict Axis bank's slippage ratio to dip in FY14
As it has highest exposure to SME sector.
Here's why most of the 26 Indian bank licence applicants are predicted to fail
The 40% priority-sector lending target could be tough.
Twenty six firms apply for new Indian baking licenses
New licenses to be granted by March 2014.
Sumitomo Mitusi backs Reliance’s banking license bid
Nippon Life Insurance also involved.
UBS shuts down Indian banking unit
Reassessment of business strategy ignited decision to quit.
SBI sees profit from bond sale
Will profit substantially from rupee plunge.
Here's why it's high time for ethical banking in Asia
Ethics is more important in any profession. Without ethics an institution cannot run professionally, it can run only in its own way.
India strengthening Exim Bank
Adds US$517 million to finance exports of heavy industry goods.
State Bank of India to merge with subsidiary
India's largest bank not constrained by merger cost.
ICICI Bank launches “HiSave”
Pays market-leading rate to selected savers.
Axis Bank, IFC increasing trade finance for Indian SMEs
Will provide partial or full guarantees covering clients' payment risk .