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Sheinbaum and banks agree to raise credit to 45% of GDP
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At the 89th Banking Convention inauguration, President Claudia Sheinbaum urged bankers to boost credit from 38% to 45% of GDP to drive development. Mexico's Banking Association committed to this goal by 2030. Sheinbaum also unveiled a new infrastructure investment law.
Finance Minister Purbaya Yudhi Sadewa has placed an additional Rp 100 trillion in bank deposits to counter liquidity pressures from rising government bond yields. The total now stands at around Rp 300 trillion, up from Rp 200 trillion previously. The injection, timed ahead of Lebaran, prioritizes state-owned and regional banks.
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Haryana's Vigilance Bureau has filed an FIR against unnamed Kotak Mahindra Bank officials after Panchkula Municipal Corporation reported a Rs 150 crore discrepancy in fixed deposit receipts. One bank relationship manager has been arrested. The bank maintains that accounts were handled per banking norms.
India's banking system liquidity surplus has narrowed to ₹75,483 crore amid advance tax outflows of Rs 2 lakh crore and forex market interventions. Money market rates rose as a result, leading the Reserve Bank of India to conduct a repo operation. Economists estimate the RBI sold over $15 billion to support the rupee.
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PT Bank Rakyat Indonesia (Persero) Tbk is setting up Posko Mudik BRImo 2026 at five rest areas on the Jakarta-Java toll roads to support smooth Eid al-Fitr homecoming travel in 2026. The posts will operate from March 17-25, 2026, offering facilities like health services and special promotions.
An opinion piece in Capital Newspaper has challenged a directive from Ethiopia's Ministry of Labor and Skills requiring overseas employment agencies to deposit all funds exclusively in four designated banks. Author Dessalegn Sisay argues that the measure distorts markets and violates Ethiopian laws. He calls for its immediate withdrawal.
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HSBC와 항셍은행은 홍콩에서 근무 규정을 강화하며 4월 1일부터 트레이더와 세일즈 직원들의 사무실 복귀를 요구하고 있다. 내부 메모에 따르면 고객 대면 직원들은 새로운 지침을 따라야 하며 관리자들은 모범을 보이도록 권고받았다.
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