Banks

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China by tech…

The Exim Bank has extended two lines of credit (LoCs) worth USD 180 million to two projects in Ghana.The bank has given a USD 30-million credit to a rehabilitation and upgrade of…

SBI has invited expression of interest from asset reconstruction companies and financial institutions to sell two non-performing accounts to recover dues of over Rs 423 crore.The…

Markets regulator SEBI on Friday exempted the central government from making an open offer for the shareholders of Union Bank of India following capital infusion. In February, the…

State Bank of India's (SBI) chairman said on Wednesday that putting Jet Airways into bankruptcy is the "last option" and that its lenders are making every effort to keep the airline flying.…

Sri Lanka's leading private bank Hatton National Bank (HNB) on Wednesday announced that "It has partnered with Infosys Finacle Trade Connect, a part of EdgeVerve System and Wholly-owned…

The Reserve Bank of India (RBI) has fined at least 19 lenders, including top banks such as ICICI Bank and State Bank of India, for failing to comply with its guidelines on the use of global…

Seeking to curb excessive salary payout practices, the Reserve Bank of India has proposed strict compensation norms for senior officials of private as well as foreign banks, including…

According to the media report, A China-based Asian Infrastructure Investments Bank (AIIB) is planning to invest $1.4 billion in Pakistan's development projects.the Express Tribune in…

Visa Inc is paying 198 million pounds ($250.6 million) to buy Earthport Plc, a British firm that facilitates international transactions for banks and businesses, the U.S.-based payments…