India
India compels banks with over 10 branches to appoint internal ombudsman
It aims to strengthen banks’ internal grievance system.
India compels banks with over 10 branches to appoint internal ombudsman
It aims to strengthen banks’ internal grievance system.
India starts moving to merge debt-ridden state banks
The government has asked the central bank to prepare a list of merger candidates.
Indian banks urged to have cyber insurance
Smaller banks have insufficient coverage which does not cover cyber heists.
Google ties up with Indian banks to launch digital loan solutions
It aims to offer instant pre-approved loans to its app users.
The full-fledged recovery of India's banks hinges on privatisation and mergers
Overseeing 21 public sector banks has proven too difficult a task for the government.
Indian state banks recover $5.23b of bad loans in Q1
Bad loan recovery in Q1 for PNB and Indian Bank exceeded that of 2017-18.
India's Cosmos Bank loses $13.5m in crippling cyberattack
Hackers stole customer data through a malware attack on the ATM server.
India's ailing banking sector sparks call for privatisation
The quality of bank boards should be prioritised.
The worst is almost over for worn out Indian banks
An earnings turnaround is in sight by 2020 as banks start shedding off bad loans.
Indian government eyes reforms unleashing $8.72b in banking capital
Lowering the CET Tier-I ratio from 5.5% to 4.5% is expected to boost lending.
Ailing Indian banks shore up on fees from non-maintenance of minimum balance
State Bank of India led the pack in collecting customer penalties.
YES Bank Q1 loan growth doubles by 53% while state counterparts flounder
Retail and business lending ballooned by 56%.
HDFC loan growth beat industry average at 22% in Q1
Personal, credit card, two-wheeler and business lending performed strongly.
Overdue property loans deals another blow to weakened Indian banks
Banks are struggling to recover around $20b of loans from developers.
India to close a third of overseas public sector bank branches
Around 70 foreign branches may be shuttered by end 2018.
India's Federal Bank secures clearance to expand to Bahrain, Kuwait and Singapore
It is only awaiting local approval before starting operations.
India set to inject $2b into ailing state banks
The latest capital infusion aims to enable banks to build capital buffers.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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Most Read
1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
<time datetime="2024
<time datetime="2024