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    • China scolds banks on wealth management rush

      China's bank regulator has censured some banks for trying to lure deposits by selling high-yielding wealth management products, and is ordering them to account for such sales on their balance sheets, two industry sources said on Tuesday.

    • China's monetary policy may not alter inflation: Newedge

      On the back of the rising concerns on food inflation, the Chinese government has hiked the Reserve Requirement Ratio (RRR) for banks by 50 bps as a part of its freshly updated monetary policy. CNBC-TV18's Sonia Shenoy talks to Kirby Daley from Newedge Group to get a clearer perspective on the consequence of the newly declared RRR hike.

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