E-PaperChinese Banks News
Anil Ambani to pay USD 100 mn in conditional order for Chinese banks: UK court
Reliance Group indicated that it would appeal against the order and seek permission to appealRCom chief is “confident” that he will have the opportunity to establish that the Chinese claim is “without any merit”
4 min read8 Feb 2020More Chinese lenders plan to file insolvency cases against RCom
Industrial and Commercial Bank of China (ICBC) and Export-Import Bank of China, plan to back China Development Bank's move to file insolvency cases against RCom to recover debt
3 min read6 Dec 2017China’s central bank tells banks to stop doing business with North Korea: officials
China's central bank has told banks to stop serving new North Korean customers and to wind down existing loans with customers from the country, people aware of the matter said
1 min read21 Sep 2017Chinese banks outpace US banks
Chinese banks' brand value growth has been rapidly outpacing that of European and North American competitors: study
2 min read6 Feb 2017Why another financial warning sign is flashing in China
The adjusted loan-to-deposit ratio, an indicator of the banking system's ability to weather stress, climbed to 80% as of June 30, according to S&P Global Ratings
4 min read16 Nov 2016China economy posts weakest growth since 2009 but recovery signs emerge
While data may suggest bottoming out in the economy's slowdown, some warn that Q1 2015 got off to a similarly glowing start before a stock market crash
3 min read15 Apr 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 2016Indian banks must aspire to join top global league: Chanda Kochhar
A number of Chinese banks have made it to the world's top banking league, but Indian banks are still not there
1 min read18 May 2015Debt-laden RCom’s funding hopes tied to Chinese banks
Debt-laden RCom’s funding hopes tied to Chinese banks
5 min read30 Jul 2012China’s banks at risk from Iran deals, says US official
China’s banks at risk from Iran deals, says US official
2 min read28 Sep 2011Popular 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