India
India’s card payments market to grow 31.2% in 2022
Growing adoption of electronic payments will help push up the card market.
India’s card payments market to grow 31.2% in 2022
Growing adoption of electronic payments will help push up the card market.
Buy now, pay later gains traction in India
Low credit penetration makes it favourable for BNPL.
HSBC India unveils one-stop solution simplifies cross-border transactions
It enables end-to-end visibility for both the user and their clients.
Indian banks strong buffers to limit risk of COVID-19 resurgence: analyst
Several factors will help Indian banks mitigate their risks.
India’s COVID surge to impede borrowers’ debt repayment capacity: Moody’s
The economy will return to growth by end of the fiscal year, but asset quality will remain in doldrums.
Over $6b of Indian banks’ loans in possible jeopardy: report
Future's botched sale of retail assets could lead to problems for State Bank of India, other lenders.
India mulls phased roll out of central bank digital currencies: report
Its launch will require legal changes to the nation’s foreign exchange and IT rules.
India’s private banks to widen gap with state peers when economy rcovers: report
Investors will likely seek signs that private lenders will be able to step up lending once COVID subsides.
India’s banking system privatization plagued with capital, regulatory woes
They need to pump money into lenders before selling them if they want to make them more attractive to potential buyers, reports S&P.
Second wave of COVID infections impairs Indian banks’ performance through 2022
Recovery will be more subdued as households prioritize rebuilding their savings.
India’s largest bank invests in payment services provider Cashfree
Cashfree processes $20b worth of transactions annually.
India's new digital payment licenses to increase competition, innovation
The NUE licensing has attracted the likes of Google, Amazon, and Facebook.
India’s new digital payment licenses to increase competition, innovation
The NUE licensing has attracted the likes of Google, Amazon, and Facebook.
Kuliza, Mambu launch digital lending solution for SEA, India
Kuliza's Lend.In allows financial firms to modernise their loan products.
India-based Flipkart expands online grocery operations
This will help the company compete with other big grocers, IGD said.
HDFC Bank says internet banking issues 'resolved'
Its repeated technical glitches pushed India’s central bank to take action.
India shortlists four mid-sized banks for privatisation
Two of those lenders will be selected for sale in FY2021/2022.
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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.
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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
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