Page 3 - People's Bank Of China
Market Ahead, April 13: Top factors that could guide markets this week
HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent
 "Market Ahead, April 13: Top factors that could guide markets this week")
China central bank hikes stake in HDFC amid a sharp correction in shares
Sources say PBoC may have increased its stake by 0.2 percentage points in March
 "China central bank hikes stake in HDFC amid a sharp correction in shares")
People's Bank of China picks up 1% stake in lending major HDFC
The People's Bank of China holds stakes in companies across the world, including BP Plc and Royal Dutch Shell Plc.
 "People's Bank of China picks up 1% stake in lending major HDFC")
Covid-19 rate cuts to tug most Asian bond yields even lower: Reuters poll
Stock markets have also plummeted amid fears the global lockdown to contain the virus has tipped the world economy into a recession from which it will take year to recover.
 "Covid-19 rate cuts to tug most Asian bond yields even lower: Reuters poll")
Top events today: Supreme Court to reopen, NATO emergency meeting, and more
Business Standard brings you top events that are lined up for Monday
 "Top events today: Supreme Court to reopen, NATO emergency meeting, and more")
China scraps benchmark lending rate to liberalise financial system
The LPR, revamped to become the benchmark for new loans this year, is based on the interest rate for one-year loans
 "China scraps benchmark lending rate to liberalise financial system")
China holds off its biggest policy gun even as global currency war looms
Beijing is sticking to a cautious monetary strategy even after President Donald Trump's accusations of Beijing's currency manipulation adding sensitivity to any stimulus measures
 "China holds off its biggest policy gun even as global currency war looms")
US Fed cut may prompt China to lower its policy rate in 4 years: Report
While Chinese officials continue to downplay the likelihood of more aggressive easing, the economy has been slow to respond to a host of earlier stimulus measures
 "US Fed cut may prompt China to lower its policy rate in 4 years: Report")
PBOC to play bigger role in managing financial risks: Xi Jinping
Chinese president commented at a once-in-five-years govt work conference that ended on Saturday
 "PBOC to play bigger role in managing financial risks: Xi Jinping")
PBOC eyes expansion on regulation revamp
As China's leaders consider ways to improve market oversight and avoid the kind of boom and bust in equities that shook investors around the world last year, the nation's central bank is already extending its oversight to areas beyond its traditional focus.The People's Bank of China this month expanded its powers to cap cross-border capital flows by adding controls for banks and companies to its new Macro Prudential Assessment system. The risk-monitoring system announced in December was expanded just one month later to include bonds, equities and off-balance sheet assets held by commercial banks, giving the central bank authority that was once the turf of the banking regulator.The PBOC is also spreading its tentacles regionally, saying last month it plans to re-establish a provincial-based bureau structure that was abolished in 1990s so it can better gauge conditions on the ground. The goal: to consolidate risk monitoring so problems in banks or markets are spotted before they blow up
China's central bank reassures on policy support
Says lending slump is temporary
People's Bank chief issues warning over rising debt
He said the country still needs regulation to guard against excessive leverage in foreign currencies