ANZ remains hopeful of working out terms with banking regulators in India for a banking authority.CEO Mike Smith told analysts yesterday that "we have had further negotiations this week, where we would still like to be able to, as soon as possible, get the approval by the end of this calendar year, and I'm still hopeful of doing that."Re-entry to the Indian banking market is one leg in the bank's aim to generate 20 per cent of profit from Asia.Thanks to bad-debt charges in Australia and New Zealand, the current Asian portfolio provided more than 18 per cent of the current year's profit, though the bank said this was only 12 per cent on an underlying basis.