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RBI slams proposal for Unified Financial Agency
Central bank also nixes plan to remove its debt management powers.
RBI slams proposal for Unified Financial Agency
Central bank also nixes plan to remove its debt management powers.
ICBC reports 14.5% hike in earnings
Performance in 2012 makes it the world’s most profitable bank.
Singapore banks' 2013 housing loan growth pegged at 8%
It's just half of 2012's feat.
Aussie banks investing massively in Asia
Australia’s cash flush banks’ holdings of Asian assets jump 315% since 2008.
India likely to have one regulator for the finance sector
Five regulating agencies to be merged into a Unified Financial Agency.
Philippine banks to enforce most Basel III reforms
Are vying to be among the first Asian banks to price Basel III-compliant subordinated debt.
Indian banks opening more branches in tax havens
Indian banks open 55 branches in tax-friendly states.
China’s banking crisis has begun
Hong Kong economist said debt bomb is about to explode.
ABC and BOC report slower profit growth
Two of the Big Four banks said economic slowdown crippled loan demand in 2012.
China warns banks anew on WMPs
Orders banks to strengthen checks on underlying assets of Wealth Management Products.
Higher credit charges help depress ABC’s net profit
Agricultural Bank of China reported net profit of RMB 145.1bn for FY12.
Here’s more from Barclays
Stronger-than-expected fee income and lower credit costs push up profit.
CBRC warns banks against lending to nine sectors
Move is aimed at improving implementation of standardized loan procedures to reduce risk.
Vietnamese banks refuse to lend
Are sitting on a huge stash of cash and refuse to cut interest rates on loans.
HSBC and ICICI boosting Indian credit card base
This is their first expansion since 2008-09.
BPI introduces low interest credit cards
Claims 2% finance charge is the market’s lowest.
6 key takeaways from China Construction Bank's FY12 results
2013 NIM is expected to be at the 2011 level of 2.7%.
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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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