India

Indian shadow banks face cash crunch as developer defaults mount

Cash-short developers have to repay around $18.15b in outstanding debt.

Indian shadow banks face cash crunch as developer defaults mount

Cash-short developers have to repay around $18.15b in outstanding debt.

Indian banks swing back into the black in Q4

Earnings hit $21.56m with private banks leading the quarterly gains.

Indian banks make headway in denting bad debt in Q3

The growth of gross NPAs fell to 8.4% from 30.4% the previous year.

India eyes holding company structure for banks in bid to speed up consolidation: report

It has been proposed that a FHC will have the main bank as subsidiary.

India lifts curbs on three public sector banks as recovery looms

They have successfully met capital and bad loan requirements.

Bank of India hopes for profit turnaround in Q4

Bad loans provisions more than doubling to $1.29b dragged the bank to higher net loss in Q3.

11 Indian banks to launch blockchain-linked fund for SMEs

YES Bank and Kotak Mahindra Bank are some of the member lenders.

Will India's banks sink under weight of the country's worst water crisis?

Roughly 40% of banks' gross credit exposure are in sectors with significant water risks.

India's Bandhan Bank gears for $11.7b merger

The deal will create one of India’s largest rural and semi-urban lending platforms.

India's weakened banking sector awaits stronger credit growth as it tucks bad loans away

From 4.7% in end-2016, loans booked double-digit growth of 14.9% in November.

India's ATM industry struggles with steep compliance costs

Half of the infrastructure may close down by March 2019.

Citi Private Bank announces top-level appointments for Indian business

The country is home to 263,000 high net worth individuals.

High credit costs hit Indian banks' earnings turnaround

Net interest margins will widen at a snail's pace.

India's mid-sized banks hop on personal lending bandwagon

Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.

YES BANK unlocks blockchain to champion vendor financing

Now customers and their clients can be in one platform and access real-time information on financing, improving process speed and productivity.