East West Commercial Real Estate

Rate hike in line with street expectation: Analysts
The 25 basis points hike in the short-term lending (repo) and borrowing (reverse repo) rates by the Reserve Bank is in line with market expectations and Dalal Street is unlikely to see any major adverse reaction on Monday, say analysts.

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Bank of China to raise $8.9B as lenders replenish capital after lending boom
BEIJING, China – Bank of China Ltd. announced Friday it will raise up to 60 billion yuan (US$8.9 billion) in a new effort by a major Chinese

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Fed official says credit still tight
The level of outstanding credit in the American economy continues to fall as strong and weak banks alike pull back on lending, worsening the prospects for businesses and consumers to regain their footing, a Federal Reserve governor said this week.

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HSBC to buy RBS’ India banking unit
Will pay premium of up to $95 million for RBS’ retail, commercial businesses in the country.

Read more on Business Standard India