India has 12 state-owned banks, which together hold assets totalling 171 trillion rupees (S$2.51 trillion) as of March
The central bank is committed to achieving a 15% total budget reduction over the 2026 to 2028 period
It voted 5-4 to keep the central bank’s benchmark Bank Rate at 4.0%
The lender says the fine concerns past issues and that delays in SAR filings did not hinder probes
The lender says the fine concerns past issues and that delays in SAR filings did not hinder probes
In general, analysts do not read the provisioning as a red flag for the bank
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion
NAB and the rest of Australia’s ‘Big Four’ banks rely heavily on the strength of the housing market
Standing pat gives the central bank room to act decisively if conditions worsen next year
Costs rose 5% in the third quarter, in part due to higher personnel expenses












