India

India boosting banking sector support for SMEs

Sets-up committee for provision of comprehensive financial services.

ICICI develops FB app for cash transfers

App targeted at young, net-savvy customers.

Indian government warns banks not to use unregistered telemarketers

Is receiving a large number of complaints from consumers.

RBI clarifies rule on ODIs

Confusion arising from existing and new regulations.

Indian banks bolstered by new US$5 billion swap facility

It’s a huge help in their overseas fundraising.

MasterCard Purchase Control solution now available in India

Axis Bank now offers clients increased transaction security.

Will UBS quit its investment banking business in India?

Resignation of managing director fueling speculation.

Axis Bank upgrades security and control solution to corporate clients

Taps MasterCard's purchase control services for the first time.

Indian banks urge central bank to boost liquidity

Will assist growth and increase demand for manufactured goods.

India resurrects loans to NRIs

Another move to defend sagging rupee.