India
India moves against rising restructured debt risk
Orders banks to boost reserves to 5% from 2.75%.
India issues clarifications on new bank licenses
Norms seem to favor large corporations, however.
Top Indian and Spanish banks sign cooperation agreement
MOU will support business operations of their clients.
Indian banking sector to spend 13% more on IT in 2013
Gartner, Inc. estimates spend at US$7.6 billion.
RBI should regulate all home loans
State Bank of India sees no need for a separate regulator.
Axis Bank to open first branch in China
Will also be the first Indian private sector bank branch in China.
Bank funding for Korean firms in India eased
Banks sign memorandum of understanding to support SMEs.
Is RBI unexpectedly hawkish in May policy?
The RBI cut the repo rate by 25 basis points as expected.The unexpected hawkish stance was a shock for most commentators,what with the inflation ebbing and international crude oil prices too coming down below the pschological $100 barrel level.
Cut in CRR needed to benefit borrowers
Refinancing pressure prevents borrowers from benefiting from government rate cuts.
India launches first Islamic equity index
Provides a new benchmark for Islamic investors.
Indian banks’ retail credit rises 14.5%
Economic slowdown forces banks to push retail loans.
Retail credit will continue to drive Indian bank growth
Demand from the corporate sector will continue to remain weak, however.
India to deposit government cash in commercial banks
Move will add liquidity and make it easier for banks to cut lending rates.
Overseas Indian banks post high credit growth
Growth stood at 27% 2011-12 compared to foreign banks operating in India.
Standard Chartered names Sumit Choudhary as head of emerging companies research, India
He reports to Jeremy Sutch and Rahul Singh.
India to issue new bank licensing guidelines in May
Find out what it means for banks.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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