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Asia Banks Thai central bank cuts rate(The Star Online) Thai Central Bank Cuts Policy Rate As Growth slows (rttnews) san miguel set to increase loan to US$1.5b(Business Times) San Miguel loan likely to increase to RM4.6b(The Malaysian Insider) Indian economy probably grew 4.8%(The Star Online) Sri Lanka gets US$2.2bil loans(The Star Online) China’s ICBC plans to create RMB cross-border.
Indian banks tend to take more risks during times of higher credit growth while the non performing loans of private sector lenders are more reactive to changes in interest rates, says a working.
Credit suisse’ neelkanth mishra expects. now the Indian economy is also not very hot. It is pretty slow. I expect by December to start seeing more robust and more widespread signs of pick up and as.
In a bright spot, data showed U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears the economy was.
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