India

Mobile wallets trump cash as India's e-payments grow forty-fold

Consumers are increasingly using e-wallets for their daily transactions like food and transport.

Mobile wallets trump cash as India's e-payments grow forty-fold

Consumers are increasingly using e-wallets for their daily transactions like food and transport.

Chart of the Week: Check out how Indian banks compete with tech giants in payments

Google is now head to head with Axis Bank in digital transactions.

How can Indian banks take more advantage of open banking?

It involves consumer centricity and building alliances at the core of their strategy.

India discovers $3.6b of banks' hidden bad loans: Bloomberg

This amplifies concerns about underreporting and distress in the financial sector.

Foreign Indian banks are more transparent than local peers

Their transparency compliance came close to perfect at 99% in 2017.

ICICI Bank sees better asset quality after 3 bad years

Loan growth is gaining momentum and credit costs are normalising.

Financial experts forecast the boom of Indian banks

Thanks to economic management by the government.

How will Indian banks benefit from RBI's injected capital?

The government will infuse $14b into 21 public sector banks by March.

India to put nearly $14b into state banks by March

In return, the banks must implement reforms to boost lending and solve bad debt.

Bad loan provisions are the biggest challenge for State Bank of India

This alarms the bank even as credit has grown from a three-decade low.

India's rising government bond yields to slam public sector banks

The banks are exposed to losses from the bonds' reduced investment value.

Bank of Baroda goes live with new supply chain finance platform

This digital move is in line with the country’s “Digital India” initiative.

Indian Banks' Association slams rumours of junking free services

This is after banks were rumoured to end free services from January 20.

Standard Chartered Bank's CIO Zuzar Tinwalla talks about AI and robotics in Indian banking

He also revealed some of the recent technological innovations launched by Standard Chartered India.

Indian banks' IT spending to hit $9.1b in 2017

Devices spending in the sector will grow the fastest at 20%.

ICICI Bank enables international remittances via Siri

The voice-based service is available for users of the Money2India app.