Asia-Pacific
Banking and finance news from China, Japan, India, Australia, Southeast Asia, and the Pacific
India's HDFC Bank posts Q1 FY27 net profit of ₹191 billion with RoA of 1.85%
HDFC Bank reported Q1 FY27 profit after tax of ₹191 billion, return on assets of 1.85% and average deposit growth of 13.3% year on year.
Postal Savings Bank of China prices CNY 5 billion carbon-neutral green bonds, 3.99x subscribed
PSBC priced CNY 5 billion of three-year carbon-neutral green financial bonds in two tranches, drawing subscription of 3.99 times.
Crypto.com secures $400 million strategic investment from Citadel Securities at $20 billion valuation
Crypto.com has secured a $400 million strategic investment from Citadel Securities at a $20 billion valuation, its first institutional funding round in its decade-long history.
Bank of Korea raises base rate 25 bp to 2.75% in first hike in over three years
The Bank of Korea lifted its Base Rate by 25 basis points to 2.75%, its first increase in more than three years, matching economists' forecasts.
RBI approves Rajiv Kumar as HDFC Bank part-time chairman for three years
The Reserve Bank of India has approved former Chief Election Commissioner Rajiv Kumar as HDFC Bank's Part-Time Chairman for a three-year term effective 30 June 2026.
Standard Chartered Pakistan appoints Adil Salahuddin as chief executive officer
Standard Chartered has appointed Adil Salahuddin as CEO and Head of Coverage for its Pakistan business, subject to regulatory and statutory approvals.
MAS publishes Sustainability Report 2025/2026, flags IMF-assisted physical climate risk analysis
Singapore's central bank says it is running a top-down scenario analysis of acute physical climate risks to financial institutions, with IMF technical assistance, and has begun reviewing parts of the Singapore-Asia Taxonomy.
RBNZ raises official cash rate 25 bp to 2.50% in July, flags more hikes ahead
The Reserve Bank of New Zealand raised the Official Cash Rate 25 bp to 2.50% in July and signalled further hikes as inflation risks from the Middle East shock linger.
RBI approves reappointment of N. S. Vishwanathan as Axis Bank chairman for three years
The Reserve Bank of India has cleared N. S. Vishwanathan's reappointment as Non-Executive Chairman of Axis Bank for three years from 27 October 2026.
Singapore's MAS publishes Q2 2026 enforcement summary with fines and a licence revocation
The Monetary Authority of Singapore set out fines, a prison sentence and the revocation of a payments licence in its Q2 2026 enforcement round-up.
ANZ appoints former NAB executive Rachel Slade to board as non-executive director
Australia's ANZ Group has appointed former NAB Group Executive Rachel Slade as a non-executive director effective 13 July 2026.
Prudential Disclosure Reset: EBA Pillar 3 ESG and Shadow-Banking Overhaul, ECB Data Discipline, and Cross-Jurisdictional Parallels — Mid-2026 State of Play
Large EU banks will disclose 37% fewer ESG data points under the EBA's final Pillar 3 package, which also adds a shadow banking template from end-2026, as the ECB presses banks on risk data and Basel climate disclosure stays voluntary.