E-PaperCbrc News
China loosens some licence requirements for foreign banks
China's banking regulator scraps licence requirements for foreign, J-V lenders in the country for treasury bond underwriting, custody and advisory services among other services
1 min read17 Mar 2017China’s bad loans inches up, regulator says risks under control
By the end of Q1 (Jan-Apr), outstanding loans to five severely oversupplied industries rose 0.1% from the same period last year, CBRC vice chairman said
1 min read29 May 2016Mid-tier Chinese banks piling up trillions of dollars in shadow loans
The size of this 'shadow loan' book rose by a third in the first half of 2015 to an estimated $1.8 trillion, equivalent to 16.5% of all commercial loans in China
3 min read31 Jan 2016China tightens oversight of trusts as default risk increases
The regulator will also impose a strict approval process on trust firms' entry into new businesses and products starting this year
1 min read14 Apr 2014Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared