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MANESAR: The narrow lanes in Aliyar and Kasan villages in Manesar, an automotive manufacturing hub on New Delhi’s southern outskirts, would usually be packed on Sundays with migrant workers employed at the nearby plants enjoying their day off, but not anymore.
WITH every passing day, India’s economic indicators are turning a little bleaker. The situation is bad enough to warrant using the word "crisis, ” arriving just as the government’s fiscal ammunition is spent.
Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank Pcl, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people familiar with the matter.
KUALA LUMPUR: Alliance Bank Malaysia Bhd's net profit rose by 9% to RM537.59mil in the financial year ended March 31, 2019 from RM493.23mil a year ago.
GOVERNMENTS and commercial banks at all levels must join forces to explore various measures to make small business loans and financing commercially sustainable, to which effective risk management is the key, said China’s banking and insurance regulatory officials.
MUMBAI: As key engines of loan growth in the world’s fastest-expanding major economy, they once were investor favorites. But now traders won’t go near India’s shadow banks.
PETALING JAYA: Alliance Bank Malaysia Bhd’s net profit of RM140.52mil in the second quarter ended Sept 30 is its highest in three years.
JAKARTA: Indonesia’s central bank raised interest rates six times this year, yet consumer lending rates are still falling in South-East Asia’s biggest economy.