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Aug 18, 2020 01:56 PM IST PBOC was on the Indian government's radar recently after it raised its stake in HDFC to slightly over 1 percent during the quarter that ended on March 31, 2020.
Jul 11, 2020 09:14 AM IST PBOC had raised its holding in the housing financier to slightly over 1 percent during the quarter that ended on March 31, 2020.
Jun 17, 2020 02:43 PM IST India’s concern was mainly over Chinese opportunism. By the second half of April, India began to put in place controls to screen Chinese investment proposals in Indian companies.
May 26, 2020 09:17 AM IST Yi, in an interview published by the central bank on Tuesday, said China's economic fundamentals are unchanged despite many uncertainties and reiterated that its current stance on monetary policy will be more flexible.
May 22, 2020 12:10 PM IST While AIIB is a multilateral development bank, which has got India as a member too, PBoC is China's central bank. Other registered FPIs in India include the National Social Security Fund (NSSF), a government-run investment fund established primarily to provide a reserve of funds for China's social security system.
Apr 20, 2020 02:11 PM IST The one-year loan prime rate (LPR) was lowered by 20 basis points (bps) to 3.85% from 4.05% previously, while the five-year LPR was cut by 10 bps to 4.65% from 4.75%.
Apr 20, 2020 07:58 AM IST There are two more companies in which foreign institutional investors from China hold a substantial stake in Indian companies that includes names like Visa Steel, and ZEE Entertainment.
Apr 13, 2020 04:23 PM IST Central banks typically buy bonds of companies in other countries, not equities.
Mar 22, 2020 09:46 AM IST Chen Yulu, a deputy governor at the People's Bank of China (PBOC), also told a news conference that PBOC Governor Yi Gang had exchanged views with U.S. Federal Reserve Chairman Jerome Powell, the International Monetary Fund and other agencies.
Feb 04, 2020 09:05 AM IST The remarks were published on the official WeChat account of the People's Bank of China (PBOC) after it injected a total of 1.7 trillion yuan ($242.74 billion) via reverse repos on Monday and Tuesday.
Feb 02, 2020 02:41 PM IST The People's Bank of China (PBOC) said in a statement it would launch a 1.2 trillion yuan reverse repurchase operation on Monday to maintain "reasonable and abundant liquidity" in the banking system, as well as a stable currency market, during the epidemic.
Feb 01, 2020 02:36 PM IST In multiple statements issued on Saturday afternoon, the People's Bank of China (PBOC) said that it will appropriately lower lending rates to support firms affected by virus outbreak.
Jan 15, 2020 09:22 AM IST The People's Bank of China (PBOC) said on its website the interest rate on one-year MLF loans remained at 3.25%, unchanged from the previous operations. It injected 300 billion yuan ($43.51 billion) via the liquidity tool.
Jan 01, 2020 02:37 PM IST The People's Bank of China said on its website it will cut banks' reserve requirement ratio (RRR) by 50 basis points, effective January 6. Many analysts had expected such a move was imminent.
Nov 18, 2019 09:45 AM IST The People's Bank of China (PBOC) said on its website that it was lowering the seven-day reverse repurchase rate to 2.50% from 2.55%.
Nov 07, 2019 08:30 AM IST Blockchain technology effectively reduces financing risks for financial institutions, and lowers financing costs for importers and exporters, the statement said.
Aug 27, 2019 11:59 AM IST The level of 72.90 is a crucial resistance for the USD/INR pair, break of which could push it to a new all-time high.
Aug 19, 2019 05:45 PM IST While the rate overhaul has been in the works for some time, the announcement came days after data showed the economy stumbled more sharply than expected in July, raising questions over whether more rapid and forceful stimulus may be needed.
Jun 07, 2019 01:25 PM IST Those concerns blunted some of the optimism, with liquidity light during Asian trading as China and Hong Kong markets were shut for a public holiday.
Jan 28, 2019 07:42 PM IST The People's Bank of China -- China's central bank -- said S&P Global's Beijing-based subsidiary has successfully registered and has received the green light to conduct bond rating in China's interbank bond market.
Dec 27, 2018 02:27 PM IST On its website, following a quarterly meeting of its monetary policy committee, the People's Bank of China (PBOC) said it will make monetary policy more forward-looking, flexible and targeted.
Jun 27, 2018 05:07 PM IST The goal is to break the silo between blockchain-based cryptocurrency and the existing monetary system, and will enable digital currency to sport cryptocurrency-like features.
Jan 15, 2018 10:02 AM IST "With the present peak of tax payments, financial institutions' reserve requirements and the maturing of repos and MLF loans, overall banking system liquidity has seen a relatively large decrease," the People's Bank of China said.
Dec 14, 2017 09:58 AM IST Economists were surprised by the move but said at just five basis points, the increases were small and more symbolic than substantive.
Nov 23, 2017 11:28 AM IST According to the People's Bank of China, Chinese banks dealt with 8.6 billion payments from mobile services in the second quarter of this year, up 40.5 per cent from a year ago.
