India
SBI ties up with the Japan Bank for International Cooperation
State Bank of India has signed an agreement that will allow it to support funding needs of Japanese companies in India.
SBI ties up with the Japan Bank for International Cooperation
State Bank of India has signed an agreement that will allow it to support funding needs of Japanese companies in India.
Indian Banks need US$90B more capital under Basel III
Indian banks needs an additional US$90 billion to meet Basel III capital Requirements by March 2018.
Indian Bank to offer online school fee payment
Indian Bank will facilitate "online fee payment facility" for Tamil Nadu Open University .
Indian banks have $446M of unclaimed deposits
The Indian government wants unclaimed funds amounting to US$446,825,738 from Indian banks of more than 10 years be credited to a new fund.
State Bank of India to assist Japanese SMEs
State Bank of India and the Japan Bank for International Cooperation will help small companies Japan do business in India.
HSBC disposes stake in India's Federal Bank
HSBC sold its entire five percent stake in Federal Bank for a little over Rs 341 crore through open market transactions.
Union Bank of India branches to reach 3,500 by March
Union Bank of India plans to increase number of branches from around 3,200 to 3,500 by March, 2013.
India's PNB files application to operate in Pakistan
Punjab National Bank has filed an application to open branches in Lahore and Karachi.
India and Pakistan to host each other's banks
India and Pakistan have agreed to host two banks from each other.
Group exposure guidelines beneficial to Indian banks: Moody's
The Reserve Bank of India released draft guidelines to limit banks' exposure to their own group non-financial and financial entities.
Indian ATMs to double; accept deposits
Indian banks have been asked to double the number of ATMs and upgrade it cash collecting machines.
State Bank of India strives to stave off bad debt tsunami
Bad debts sour the outlook for India’s largest lender despite a 138% rise in net profit in the three months ended June 30.
ICICI Bank cautious about lending
ICICI Bank has become picky about lending to power and infrastructure projects, stopped motorcycle loans and has stopped offering new credit cards.
ICICI Bank to grow its domestic loans by 20%
The bank aims to regain market share this fiscal year.
India's central bank orders removal of ‘no-frills’ tag
The Reserve Bank of India asked banks to replace the term ‘no-frills’ accounts into ‘Basic savings bank deposit accounts.
India seeks clarification of HSBC, Stanchart's Iran transactions
Indian agencies are gathering all details about lapses by HSBC and Standard Chartered's outsourcing jobs in complying with money laundering and terror financing regulations.
Global banks forced to step up supervision of India operations
Global banks that outsource work overseas will be forced to step up supervision of back office operations after lapses involving Indian offshore units.
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