Potential US sanctions loom over banks with China connections: Fitch

Sep 25, 2020

London [UK], September 25 : Chinese banks and international non-US banks with connections to China could become ensnared in processes leading to US sanctions,...

China's regional banks approaching surge of non performing debt

Mar 25, 2021

Beijing [China], March 25 : China's small regional banks are rapidly approaching a surge of non-performing debt that threatens to undermine the financial health...

Industry credit expected to grow over 12%: FICCI-IBA survey

Sep 11, 2024

A survey conducted by industry body FICCI and Indian Banks' Association (IBA) suggested that the outlook for non-food industry credit growth over the next...

Chinese regional banks sell mortgaged assets amid property sector bad loan crisis

Sep 07, 2024

Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As...

IndusInd Bank partners with Wise on multi-partner Indus Fast Remit platform to offer low-cost and seamless online inward remittance to India

Jun 16, 2023

Mumbai (Maharashtra) [India], June 16: IndusInd Bank has today announced its partnership with Wise, the global technology company specializing in moving and managing money...

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

Mar 21, 2024

Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by...