People’s Bank Of China News

Companies

Chinese central bank PBOC increases stake in HDFC to above 1%

HDFC informs exchanges about the People’s Bank of China raising its stake from 0.8% to 1.01%The stake comprises 17.49 million shares of the mortgage lender

1 min read12 Apr 2020
News

China is saving stimulus for trade war winter as yuan weakens

Investment, retail sales and credit data due this week are expected to confirm the ongoing slowdown in the world’s second-largest economyThe People’s Bank of China late Friday called for a “rational” view on current headwinds, signaling that the targeted approach to shoring up output would continue

2 min read11 Aug 2019
News

China seeks to cushion economy as leaders meet to set goals

The People’s Bank of China announced a benchmark lending and deposit rate cut of a quarter percentage point

4 min read2 Mar 2015
Industry

China’s central bank injects $2.8 bn to add liquidity

Analysts said the central bank’s latest cash injection indicated its intention to ease liquidity conditions in the banking system

1 min read30 Jul 2013
Opinion

China loses control of its Frankenstein economy

How can anyone trust that China is growing at 7.7%, when crucial variables in its data tabulation are a mystery?

3 min read25 Jun 2013
Market

China enters bear market as shares slump 5.3%

The loss is the largest single-day decline since 31 August, 2009

2 min read24 Jun 2013
Opinion

China’s narrowing policy horizons

Investment-driven growth followed by bouts of inflation is the normal course of events in the Chinese economy

4 min read3 Feb 2013

Popular 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

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ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

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