IDBI Bank Privatisation: The long-awaited privatisation of IDBI Bank is likely to be completed by the end of this month. The central government has set a clear target to finalize the disinvestment ...

HSBC receives strong backing from Hang Seng Bank’s independent shareholders, getting 85.75 per cent of the votes.

Shares of Chinese regional lender Shengjing Bank Co. surged as much as 23% in Hong Kong trading on Monday, after its state-backed shareholder said it will raise an offer to take the bank private. The ...

IBN's impressive revenue growth from $613m to $5665m is more than ninefold in the last 5 years. The recent RBI rate cut will have a positive impact on the bank's balance sheet. The report shows us ...

HSBC Holdings plans to take Hang Seng Bank private in a deal that values the Hong Kong lender at US$37.30 billion. U.K.-based HSBC said the privatization proposal reflects its "strong conviction in ...

Nomura gives IDFC First Bank a 'Buy' rating with a 23.5% upside; explore if this multi-year transition signals a fresh growth ...

If approved, the $13.6 billion transaction would delist one of Hong Kong’s largest domestic banks from the Hong Kong Stock Exchange. The Hongkong and Shanghai Banking Corporation (HSBC) has proposed ...