India
Nepal Bank gets govt approval to sell fixed assets
The government of Nepal has allowed Nepal Bank to sell fixed assets to replenish its capital.
Nepal Bank gets govt approval to sell fixed assets
The government of Nepal has allowed Nepal Bank to sell fixed assets to replenish its capital.
Sri Lanka's Seylan Bank ups Q1 net profit by 59%
Seylan Bank reported a net profit-after-tax of Rs. 406.8 million or US$3.129 million in Q1 of 2012.
11 Indian banks downgraded by S&P
It’s not welcome news for banks anytime.
SBI aims 19-20 % credit growth
State Bank of India eyeing a credit growth of 19-20 percent in the current financial year.
HDFC Bank exceeds expectations with Q4 profit of $282M
HDFC Bank exceeded analysts' expectations with a 30.3 percent rise in fourth-quarter net profit of US$282 million or Rs 1453.
Citi makes $2.9B profit in Q1 with India, China stake sales
The sale of Citigroup stakes in India and China boosted the bank's revenue as it profited US$2.9 billion in the first quarter of 2012.
Australia's Westpac to open first branch in India
Westpac announced that it will open its first branch in India.
ANZ raises mortgage rates
ANZ raised it standard variable rate by 6 basis points, or 0.06 percentage point, to 7.42percent, effective April 20.
Punjab National Bank to offer 24-hour banking services
Punjab National Bank's customers can will soon enjoy select banking services like updating of passbook 24 hours a day in all days of the week.
IOB eyes 16-18% credit growth
IOB is eyeing a credit growth of 16-18 percent and deposits growth of 18-20 percent in the current financial year.
HSBC wants more business in India
India is on the top of HSBC's mind but laments the restriction of opening branches.
Indian banks to pay 8% on delayed Relief Bond interest payments
Banks are expected to be more prompt in crediting interest amount of Relief or Saving Bond investors.
Dhanlaxmi Bank tries to regain investor confidence
Dhanlaxmi Bank will focus on increasing its retail business and cutting costs, CEO PG Jayakuma announced in trying to regain investor confidence.
Miah promoted deputy managing director of Exim Bank
Sirajul Haque Miah has been promoted as the deputy managing director of Exim Bank.
Janata Bank Nepal going public in May
Janata Bank Nepal Limited has completed preparations for initial public offering.
IOB to add 400 local and international branches
The expansion plans of the Indian Overseas Bank (IOB) will reach out to other countries.
Vijaya Bank to hire 1,200 annually for 100 branch openings every year
Vijaya will recruit about 1,200 clerical and officer staff annually to cover the 100 branches it will open every year.
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Why Philippine banks, insurers embrace hyper-personalized services
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