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.

The country’s banks have worked hard to develop their digital capabilities, but customers are slow to join the revolution.

The chief executives of People’s Bank and Bank of Ceylon have both been ousted as part of the government’s new hard line on state-owned banks it considers are not doing enough to help the struggling economy.

The payments company has attracted a who’s who of investors – but as competition rises, its founder is now pushing for more, not less, regulatory oversight.

The country is now in the grip of another bailout programme and Reza Baqir, the new central bank governor, sees parallels for the nation from his last job at the fund.

SBI is reshaping India's financial system, continuing to act as the bedrock of local banking life while delivering a profit to shareholders.

Bangladesh's Grameen Bank pioneered the fields of microfinance and microcredit, earning founder Muhammad Yunus a Nobel Peace Prize and helping shape the Asian financial system.

The past decade has not been a happy time for a financial institution once instinctively viewed by many as India’s best-managed private bank; and as for the future… those involved have to keep their nerve.

Created to promote the social development of women alongside its commercial interests, First Women Bank has led the way in financial inclusion.