India

Indian banks boosting overseas staff

Number of employees working abroad rose 6.1% in fiscal year 2011-2012.

Indian banks boosting overseas staff

Number of employees working abroad rose 6.1% in fiscal year 2011-2012.

CIMB launches its investment banking business in India

Devesh Kumar will lead the 60-strong team in India.

Over 100 firms vie for new Indian banking licenses

Rules on new banking licenses continue to confuse, however.

The evolution of ATM technology in India

A lot has been said about ATM Technology in Asian Banking and Finance. The idea of self-service in retail banking developed through independent and simultaneous efforts in Japan, Sweden, the United Kingdom and the United States.

India to regulate incentives for bank staff

Aims to prevent a recurrence of money laundering and tax evasion.

Indian banks to disclose 5.35% plunge in profits

Bank of America-Merrill Lynch report says state-run banks to be hardest hit.

India to impose new accounting standards on banks

International Financial Reporting Standards to be implemented in 2016.

RBI considers new interest rate cut

It’s needed to push India’s economic growth to 8%.

RBI slams proposal for Unified Financial Agency

Central bank also nixes plan to remove its debt management powers.

HSBC says new Indian banking regulation not “sensible”

Indian and foreign-owned banks won’t be able to meet the new norms.

India likely to have one regulator for the finance sector

Five regulating agencies to be merged into a Unified Financial Agency.

Indian banks opening more branches in tax havens

Indian banks open 55 branches in tax-friendly states.

HSBC and ICICI boosting Indian credit card base

This is their first expansion since 2008-09.

Indian banks face Basel III on April 1

Reserve Bank of India to issue a notification for the implementation of Basel III this week.

New Indian financial sector regulator will exclude banks

Reserve Bank of India to continue as banking sector regulator.

India launches bid to build global-sized banks

Is pushing consolidation of public sector banks to create two megabanks.

11Cs for better credit analysis in Asia

Loan default is a universal phenomenon associated with all types of business enterprises. However, loan default in case of banks has special significance because extending of credit is almost the exclusive business of banking institutions.