Private banks to hike fines, charges from April 1

Starting April 1, many private banks like HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank have announced a hike in charges ahead of the new rules kicking in for penalty on non-maintenance of minimum average balance in savings accounts.

Asset quality deteriorates @ PSU banks

While private sector banks continue to deliver good results, PSU banks have disappointed on earnings front.

Myanmar expands private banks with military ties

The military elite is set to emerge as financial powerbrokers in Myanmar.