India

Lender plans raising $750mln as it nears to become first foreign company to list in India.

Amount will be added to lender's target of $10.8bln to satisfy India's growing loans demand.

Retirement of 10 PSB chiefs forced government to appoint one month ahead of schedule.

Lender eyes raising the amount by offering 50 million shares worth between $1.3 to $1.43 each.

SBI SMILE aims to encourage aspiring Indian entrepreneurs to open business by providing seed-capital.

The lender capitalises on robust trade between India and Indonesia.

Committee members approving foreign bank’s proposals for branch installation in the country unanimously favored ANZ's return.

Central bank's aversion for consolidation of lenders spurs government to shelve moves to discuss M&As.

State Bank of Pakistan has permitted BankIslami to conduct due diligence on Emirates Global Islamic Bank Limited.

Lender invested additional $192,475 to step up customer service in its 13,000 branches through technology.

Overvalued stake offers shun SBI and Union Bank of India from buying Indonesian banks.

The biggest publicly traded Arab investment bank is looking at acquiring a majority stake in the beleaguered Pakistan unit of Royal Bank of Scotland PCL, an official of the nation's central bank said Thursday.

Standard & Poor's rated Bank of India's proposed senior unsecured notes under its US$2 billion medium-term notes program a 'BBB-'.

Standard & Poor's assigned a 'BBB-' rating on the senior unsecured notes of IDBI Bank's proposed debt issues under the US$1.5 billion medium-term notes program.

Lender is also eager to act as broker that facilitates collaboration between Indian and Japanese firms.

Grand expansion plan targeting $65 billion business includes setting up ATMs and putting up operations abroad.