South Asian Business news and information

As many as nine Indian banks, led by HDFC Bank and ICICI Bank, have made it to the list of top 50 Asian Banks.

However, none of the Indian banks could qualify for top 10, as per this year's Asian Banker 300 report released on Thursday.

The performance of India pale when compared with Hong Kong as 11 banks from the Chinese region are in the top 50.

 

It is nice to see that India has some of the top banks in Asia. However, it is shocking to see that India does not have even one bank among the top 10 Asian banks. Indian government should try to help the banking sector to flourish more. This will help the overall economy of the country.