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GAFARGAON (Mymensingh): Sajeda and her husband Samas, citizen of Netherlands talking to villagers at Kharua Mukunda Village in Rawna Union recently.

14 Aug 2018, 12:00 am0

China loosens bank lending requirements, state media

AFP, Beijing :China yesterday loosened the means for calculating the reserve requirement ratios of banks, the state news agency Xinhua reported, effectively increasing the amount of money banks can lend.The move does not amount to a formal cut in the reserve requirement ratio (RRR), but will allow banks to undershoot it by as much as one percent on a daily basis as long as they meet the requirement on average.Loosening the RRR is also a stimulatory measure as it increases...

13 Sep 2015, 12:00 am