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Chinese banks continue to dominate; ICICI latest Indian entrant among top banks in APac

Chinese banks continue to dominate; ICICI latest Indian entrant among top banks in APac

[ad_1] Chinese banks continued to dominate the Asia-Pacific banking scene accounting for six out of the top ten slots by assets in 2021, according to S&P Global Market Intelligence. India's ICICI Bank has entered the top 50 list for the first time to join State Bank of India (SBI) and

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Merger of HDFC entities to increase M&A prominence among banks: Fitch

Merger of HDFC entities to increase M&A prominence among banks: Fitch

[ad_1] The proposed merger of HDFC Bank and HDFC Ltd could redefine the competitive landscape for banks, and increase the prominence of M&A among lenders seeking to close market-share gap with the merged entity, Fitch Ratings said on Tuesday. Fitch believes that the proposed merger of the HDFC entities and

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HDFC Bank move: A financial mega-merger that’s all in the family

HDFC Bank move: A financial mega-merger that’s all in the family

[ad_1] After 45 years in business, the underwriter of homes for millions of Indians is moving in with its 28-year-old banker offspring. The joint-family arrangement makes sense for both Housing Development Finance Corp. and HDFC Bank Ltd. Mortgages will get more competitive as lenders come under pressure to peg interest

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