India

India hikes interest rates again

Part of frantic effort to stop rupee’s plunge.

India hikes interest rates again

Part of frantic effort to stop rupee’s plunge.

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.

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 .