News

Corporation Bank will open 300 branches mainly in states like Gujarat, Rajasthan, Bihar, Punjab, Orissa and Jharkhand.

Thanks to its excellent asset quality and high liquidity.

These banks may reduce their dividend payout ratios by five percentage points to 35%.

Barclays will shut three of its nine bank branches in India by end of September to reduce it retail banking operations in the country.

Indonesia’s financial sector will get a $300 million loan from the Asian Development Bank to improve the operations of the local regulator, deepen capital markets and expand non-bank financing.

DBS remains the 'king of savings deposits,' says CIMB.

OCBC's earnings will suffer significantly if bad debts head higher.

Taiwan will begin its comprehensive renminbi-related businesses November 1 through authorized renminbi clearance banks.

Thailand's banks are expected to lend more to SMEs next year due to new Basel requirements.

IDBI Bank plans to raise another USD 500 million through sales of foreign currency bonds to fund its overseas business growth.

The Philippines' big banks pushed their net earnings up 18.68 percent in the first six months to P55.152 billion.

CIMB Bank is still eyeing opportunities in India despite the cancellation of its proposed acquisition of RBS operations in India. 

The government is urging its Big Four state-owned banks to ramp up overseas expansion to strengthen their global competitiveness.

Customer confidence in banking continues to deteriorate in Korea, according to a survey.

China's top ten banks will register slower growth during the rest of the this year due to economic slowdown and overdue loans, according to a report.

Maybank hopes to complete its regional expansion in Southeast Asia by establishing a domestic retail and commercial banking presence in Thailand.