PBOC will maintain its neutral monetary policy and keep liquidity and credit growth largely steady while keeping the yuan currency basically stable, it said.
Global green bond issuances are likely to surge by 60 pc to a record USD 250 bn, with India and China leading the emerging markets in this space, says a Moody's report.
A decision by China’s central bank to rein in reserve funds held by payment firms could cost the industry upwards of $689 mn a year.
The PBOC increased rates on reverse repurchase agreements, or reverse repos, used for open market operations by 5 basis points.
China’s central bank is expected to use its medium-term lending facility one more time in the middle of this month, the Financial News said.
Led by companies like Qudian Inc and PPDAI Group Inc, the Chinese micro-lenders raised $1.2 bn with splashy US listings.
China's foreign exchange reserves rose in May for a fourth consecutive month and by more than markets had expected.
China's foreign exchange reserves rose in April for a third straight month, beating market expectations, as capital control measures helped staunch capital outflows.
China's 2017 growth target of 6.5 percent is "within reach", the governor of the country's central bank said in a statement.
Reserves rose $6.92 billion during February to total $3.005 trillion, their first increase since June 2016.
Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr
Approved buyback of 29 Lk shares amounting Rs 200.2 Cr
Tamil Nadu Pollution Control Board ordered disconnection of electricity
Disconnection is applicable for copper smelter unit-I at Thoothukudi district
Order requires closure of unit with immediate effect
Thoothukudi copper smelter unit has not been operating since Mar 27
Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr
Option Positions are physically settled & are European Style Options
Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports
R Damani sells 0.8% Stake at Rs 1360.2/Sh
Deal Value at Rs 643 Cr