India

Financial Inclusion Could Damage Banking Sector: FSDC

By Samuel Riding | 23/12/2015

India’s push for financial inclusion could threaten the profitability of public sector banks, report says.

India Moots Tighter Loan Provisioning Rules

By Samuel Riding | 21/12/2015

RBI proposes banks increase provisions for loans to customers with ‘sub-standard’ borrowing from other lenders.

Habib Bank Scalded by New York Regulator

By Samuel Riding | 20/12/2015

Pakistani lender told to boost policies to prevent money laundering after “significant breakdowns”.

Indian Banks Face Pressure to Name Defaulters

By Samuel Riding | 18/12/2015

Supreme Court says information cannot be withheld on grounds of bank rules and confidentiality.

Indian Start-up Platform Fails to Take Hold

By Samuel Riding | 16/12/2015

Regulator urges investment banks to promote platform after no listings in first six months.

India Clamps Down on Trading Manipulation

By Samuel Riding | 15/12/2015

Commodity brokers and traders will have to test systems and software in consultation with exchanges.

India to Launch Physical Gold Exchange

By Samuel Riding | 14/12/2015

Physical exchange backed by bullion association and BSE to be nation’s first.

SEBI to Set Fund Commission Rules, Discussing Crowdfunding

By Samuel Riding | 08/12/2015

Indian market regulator frustrated by mutual fund association delays; expects to introduce crowdfunding proposals next month.

Indian Banks Challenge Base Rate Proposals

By Samuel Riding | 07/12/2015

State Bank says lenders want rule linking base rates to marginal cost of funds to be reconsidered.