India Retail Banking

DBS Bank nominates Rajat Verma to be next India unit CEO, say sources

Rajat Verma was appointed DBS managing director and head of institutional banking for India last year

Standard Chartered India CEO Zarin Daruwala to retire in April 2025

Daruwala, who is one of the two female heads of large foreign banks in the country, joined the lender in 2016 as CEO for India

Bank of Maharashtra likely to sell Rs 1000 crore of AT-1 bonds

Over the last couple of weeks, banks have made a beeline to raise funds by issuing debt instruments

YES Bank's Q2 loan book grows 11.6% YoY; deposit base cross Rs 2-trn mark

The share of low-cost money, CASA , in deposits was 31.3% as of September 30, 2022

Bank holiday: In October, banks will remain closed for total 21 days

Starting today (October 3), the banks in some cities will remain closed for the entire week because of festivals

Why foreign lenders are rushing to invest in Indian retail banking space

Easing regulations and a surge in online banking are driving the change, with several overseas lenders increasing investment plans for the country to win affluent clients away from domestic rivals

Think retail, think detail: More calibrated retail banking growth ahead

Retail banking is showing early signs of stress, and growth may well have peaked

India's retail banking now bigger than Russia's but not close to China's

With a loan book of $268 billion, India's retail banking is now ahead of Russia, Malaysia and Mexico but behind China, Brazil and Thailand