India

Bangladeshis deprived of bank loans due to govt borrowing: politician

Bangladeshi banks could no longer lend to clients due to excessive borrowings by the government.

Bangladeshis deprived of bank loans due to govt borrowing: politician

Bangladeshi banks could no longer lend to clients due to excessive borrowings by the government.

Indian government assails downgrade of banks

India vents its anger on the stunning downgrade of some of its larger banks by Fitch Ratings, Ltd.

StanChart now approves Indian credit card applications online

Standard Chartered Bank now provides Indian clients the chance to apply for a card online and receive an 'Approval In Principle'  almost instantly.

Bank Al Habib maintains credit ratings

Bank AL Habib maintained its long term and short term entity ratings by the Pakistan Credit Rating Agency at “AA+” and “A1+”, respectively.

Syndicate Bank to focus more on retail banking, SME loans

Syndicate Bank is looking to intensify its fee income, retail and SME loans to boost its balance sheet.

AGVB to add 31 new branches

Assam Gramin Vikash Bank will to add 31 new branches in this fiscal year to its existing tally of 369 branch networks.

NIDC Bank asked to raise capital

NIDC has been asked by Nepal's central bank to increase its capital so that it could invest more and facilitate growth of productive industries.

Sampath Bank leads the way in fund transfers

Sampath Bank registered the highest outward volume contribution and highest growth rate in SLIPS.

Bank of Ceylon records $7.53B balance sheet

Bank of Ceylon recorded Rs one trillion or US$7.53 biilion balance sheet at the end May, becaming the first corporate entity in Sri Lanka to do so.

India targets to have one bank account per family

India attempts the impossible in banking to boost its floundering banking industry.

Urban Co-op Bank set to merge with Cosmos Co-op Bank

Urban Co-operative Bank has been given a nod the by Odisha government to merge with Cosmos Co-operative Bank.

Dena Bank to fund agri warehouses

Dena Bank will fund the creation of warehousing infrastructure by Star Agri in Tier 2 and 3 cities.

India preparing new policy roadmap for banking sector

India’s Ministry of Finance is working on a new policy framework for the country's banking sector.

Pakistani banks told to process cases of sugar export

The State Bank of Pakistan advised all authorised dealers in foreign exchange to process the cases of sugar export.

Electronic fund transfers in India to become free

The Indian government urged the Reserve Bank to find a way in making electronic fund transfers free of charge.

ING Vysya Bank offers new fixed deposit scheme

ING Vysya Bank is now offering an interest rate of up to 9.5 per cent per annum for one-year deposits.

Allahabad Bank targets 21% growth

Allahabad Bank has set a business growth target of 21.39 percent by end of the current fiscal.