Global Finance

Corporate Finance : India’s Big Bank Merger Could Be First Of Many

HDFC Bank and Centurion Bank of Punjab have agreed to the biggest merger in Indian banking history, valued at about $2.4 billion. It is likely the beginning of a wave of M&A; deals in the financial ...
The Pioneer on MSN

Indian banking in the digital age: Managing strengths and the new fault lines

India, Jan. 29 -- Outperforming global peers financial parameters and ensuring higher profitability while adhering to prudent ...
Reuters

How Indian bank IndusInd's push for profits and lax controls drove it to a crisis

MUMBAI, April 4 (Reuters) - IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-sheet hole and the ...
Hosted on MSN

SBI, PNB, BoB: Why Only Four Public Sector Banks May Remain After the Next Merger

India’s banking landscape is on the brink of another historic transformation. The central government is reportedly preparing for a major new round of public sector bank mergers, a move aimed at ...
Reuters

India considers easing bank ownership rules as foreign interest grows

MUMBAI, June 3 (Reuters) - The Indian banking regulator is signalling possible rule changes ahead that would let foreigners own more of India's banks, spurred by overseas institutions' eagerness for ...