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[ad_1] New Delhi: China has developed a system of “Bailouts on the Belt and Road” that helps recipient countries avoid default, and continue servicing their BRI debts, at least in the short run, a new report has found. In total, more than 20 debtor countries have received USD240 billion in Chinese rescue lending since 2000….
[ad_1] Representative Image Mumbai: The Reserve Bank of India on Thursday said it has cancelled the registration of Guwahati-based Rhino Finance Private Ltd for irregular lending practices. In a release, it said the Certificate of Registration (CoR) of Rhino Finance has been cancelled on account of violation of RBI guidelines on outsourcing and Fair Practices…
[ad_1] RBI New Delhi: The Reserve Bank of India (RBI) on Friday issued draft guidelines for lending and borrowing government securities. It is aimed at improving liquidity and price discovery in the market. The central bank had first announced the borrowing and lending of government securities earlier this month while announcing the monetary policy. “Comments…