However, banks that have sufficient liquid assets or a stable funding structure will be able to tide over the issue. The agency said that weaker banks with fewer government securities would find it difficult to access funds from the interbank market. Although banks can fill this liquidity crunch through lending, the cost of such funds […]
The move would require lenders to issue some shares of Adani group companies that were pledged as collateral, Bloomberg reported, citing a person with knowledge of the matter. As per reports, the group has not faced margin calls on these pledges and is actively seeking prepayments. Bloomberg reported that the main priority is to address […]
At the same forum, Vice Finance Minister Xu Hongkai said China would also implement an active fiscal policy next year, setting a reasonable deficit ratio and the size of local government special bonds. CCTV quoted Xu as saying that China would “appropriately expand the areas where special government bond funds can be invested and used […]
