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Business 18 Jan 2021 | 7:00 AM

Stricter rules for India shadow banks likely

NEW DELHI: India’s central bank is likely to propose tightening rules on “shadow banks” in a bid to strengthen solvency and sustainability of a sector that has been showing signs of stress in recent years, two sources said.

Business 18 Jan 2021 | 7:00 AM

Price stability is key priority for China’s central bank

BEIJING: China’s inflation is likely to see moderate growth this year, but a consistent pickup is unlikely, given the constrained consumption of services, a senior central bank official said.

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