The new entrants are slowly gaining ground and finding ways to bring change to the financial industry. But their path to growth is handicapped by regulatory roadblocks.

India’s plan to set up a bad bank is set to be a game-changer for state lenders pressured by rising non-performing loans. But can the country’s authorities pull it off?

Commercial Bank of Sri Lanka, the island’s biggest non-government bank, has had a relatively good crisis thanks to strong discipline and leadership.

Jeevan Gnanam, scion of a grand Sri Lankan business family, is driving financial sector modernization and helping to revitalise a once-thriving part of the capital.

The Bangladeshi investment bank seems closer to a supranational lender in terms of aspirations.

During the pandemic, Bangladesh’s Eastern Bank proved that it was in safe hands. The company’s chief executive is now turning his attention back to growth.

When Soumya Rajan left Standard Chartered to form Waterfield Advisors in 2011, her aim was to create India’s best elite-level wealth management firm. Nearly ten years and $4 billion in AUM later, she may well have done just that.

Banks in Bangladesh were struggling with poor performance even before coronavirus spread to the country; the pandemic is worsening the impact of a recent policy misstep.

The spectacular collapse of a fast-growing private lender in early March has dealt yet another blow to India’s already shaky finance industry, led to the arrest of its founder and thrown a spotlight on the bank’s aggressive lending practices.