Yet although they remain tiny compared with Chinese giants like ICBC and China Construction Bank, there is often more than a whiff of Beijing about the Indian state lenders.

ECONOMIST: China��s banking system is not a good model for India

Possibly the sensibilities of Chinese investors had been hardened by revelations contained in the prospectus of an earlier Chinese initial offering, that of China Construction Bank.

FORBES: Magazine Article

Last week, Wang Hongzhang , the Chairman of China Construction Bank, the second-ranked Chinese bank by assets, said in an interview that CCB is shopping for an acquisition, most likely a bank in Europe with an international presence.

FORBES: China's Financial Institutions Expand Overseas

An estimated 28 percent of wealthy real estate investors faced substantial, double digit losses in the housing market last year, according to the latest annual Chinese wealth report from the Boston Consulting Group and China Construction Bank Corp.

FORBES: China To Keep Locks On Housing Bubble

In other international news, Chinese experts welcome plans for a development bank funded by the BRICS nations that is expected to provide loans for infrastructure construction in the developing world.

BBC: China media: Vietnam row