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  • German Greens say climate change priority in coalition talks
  • CM announces compensation of Rs 2 lakh for those killed in blast at illegal fire cracker factory
  • Govt to table Private Hospital Regulation Bill in spl session: Kumar
  • 'I'm Hindu, I'm nationalist, but not a Hindu nationalist. I'm Indian nationalist,' says Tharoor
  • Mourinho won't be charged over Southampton sending-off
  • Randstad India announces corporate re-branding
  • BJP meet lauds PM's diplomatic skills in dealing with Pak, China
  • BDL signs contract for supply of Medium Range Surface-to-Air Missiles to Indian Army
  • U.N. seeks increase in aid for Rohingya; Myanmar hunts for bodies
  • Tata Motors post 22 pc growth during '16-17: Pareek
  • Tata Motors post 22 pc growth during '16-17: Pareek
  • England selectors ponder Ashes top-order conundrum
  • Sensex crashed by 447.60 pts Sensex down by 295.81 pts
  • Ghaziabad builder commits suicide
  • Adani Ports falls by 3.29 pc to Rs 388.05
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China central bank says to tighten oversight of company debt, bank assets

BEIJING, Feb 17 (Reuters) China's central bank said today it plans to tighten up its oversight in a range of areas including corporate debt and bank assets, as policymakers fret over fast-rising leverage and the risk of asset bubbles in the rapidly growing economy.
The People's Bank of China (PBOC) also said it will keep the yuan currency basically stable while maintaining a prudent and neutral monetary policy.
"We will increase monitoring of corporate debt risk, bank asset quality and liquidity, abnormal stock market fluctuations, use of insurance funds, property bubble risks...and cross-border capital flows," the central bank said in its fourth-quarter monetary policy implementation report.
China has relied on rapidly increasing credit to fuel economic growth in recent years, but policymakers have begun to point to the threat of asset bubbles forming.
Home prices rose rapidly in many Chinese cities last year, leading to new restrictions on purchases and lending in dozens of cities since October.
The central bank said on Friday that China should restrict lending for property market speculation and build a long-term mechanism for the healthy development of the housing market.
Top leaders in December vowed to focus on controlling financial risks this year, and the central bank has moved to a tightening bias in recent months, including raising the rate on the unofficial policy rate on Feb. 3.
The PBOC on Friday also said it will increase two-way flexibility of the yuan while keeping the currency basically stable.
China's yuan fell 6.5 percent last year against the dollar and is expected to weaken further this year, as policymakers respond with tighter restrictions on capital outflows
Reuters CJ PR1951
Top News
PM salutes Deendayal Upadhyaya on birth anniv

PM salutes Deendayal Upadhyaya on birth anniv

New Delhi, Sept 25 (UNI) Prime Minister Narendra Modi today saluted Pandit Deendayal Upadhyaya on his birth anniversary.

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25 Sep 2017 | 12:07 PM
ED attaches Karti Chidambaram’s assets worth over Rs 1 crore

ED attaches Karti Chidambaram’s assets worth over Rs 1 crore

New Delhi, Sep 25 (UNI) The Enforcement Directorate today attached assets worth Rs 1,16 crore of former finance minister P Chidambaram's son Karti Chidambaram, and a firm allegedly linked to him in connection with its money laundering probe in the Aircel-Maxis deal,The ED has frozen bank accounts including fixed deposits worth Rs 90 lakh of Karti Chidambaram.

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25 Sep 2017 | 5:13 PM
Lathicharge on BHU students: Cong demands sacking of VC

Lathicharge on BHU students: Cong demands sacking of VC

New Delhi, Sep 25 (UNI) Strongly condemning the police lathicharge against students of the Banaras Hindu university who were protesting against eve teasing incidents in the university, the congress today urged President Ram Nath Kovind to dismiss the Vice Chancellor and institute a probe by a sitting High court judge.

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25 Sep 2017 | 5:14 PM
BJP meet lauds note ban, PM's diplomatic skills on China

BJP meet lauds note ban, PM's diplomatic skills on China

New Delhi, Sept 25 (UNI) The BJP National Executive today lauded Prime Minister Narendra Modi and his leadership for leading India into a new era of diplomatic endeavours both in terms of enhancing nation's image overseas and also in helping improve relations in the neighbourhood.

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25 Sep 2017 | 3:42 PM
Amit Shah's comments against Rahul reflect his frustration:Cong

Amit Shah's comments against Rahul reflect his frustration:Cong

New Delhi, Sept 25 (UNI) Slamming the comments made by BJP President Amit Shah against party vice president Rahul Gandhi, the Congress today said the comments reflected his frustration over the failure of the NDA Government on all fronts.

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25 Sep 2017 | 2:44 PM
Amarinder calls for collective efforts to bring Punjab back on path of development

Amarinder calls for collective efforts to bring Punjab back on path of development

Chandigarh, Sept 25 (UNI) Punjab Chief Minister Capt Amarinder Singh on Monday called for collective efforts by all sections of the society to bring Punjab back on the path of development.

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25 Sep 2017 | 4:29 PM
SIT officials detain two suspects in Gauri murder case

SIT officials detain two suspects in Gauri murder case

Bengaluru, Sep 25 (UNI) The Special Investigation Team, which has made little headway into the journalist-activist Gauri Lankesh murder case, has detained two youth who had moved suspiciously in the area before she was murdered on September 5 night.

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25 Sep 2017 | 5:15 PM
Lathicharge on BHU students: Cong demands sacking of VC

Lathicharge on BHU students: Cong demands sacking of VC

25 Sep 2017 | 5:14 PM

New Delhi, Sep 25 (UNI) Strongly condemning the police lathicharge against students of the Banaras Hindu university who were protesting against eve teasing incidents in the university, the congress today urged President Ram Nath Kovind to dismiss the Vice Chancellor and institute a probe by a sitting High court judge.

Badal promised to waive off loans but did nothing in 10 yrs: Jakhar

Badal promised to waive off loans but did nothing in 10 yrs: Jakhar

25 Sep 2017 | 5:17 PM

Gurdaspur, Sept 25 (UNI) Punjab Congress president and Gurdaspur candidate Sunil Jakhar today unleashed a scathing attack on the Badals on the farm loan waiver issue, charging Parkash Singh Badal with cheating the people of Punjab by backtracking on his promise to waive off the loans if the Akalis formed the government.

Tata Motors post 22 pc growth during '16-17: Pareek

Tata Motors post 22 pc growth during '16-17: Pareek

25 Sep 2017 | 5:21 PM

Hyderabad, Sep 25 (UNI) Tata Motors Passenger Vehicle Business Unit President Mayank Pareek today said that the company had posted 22 per cent growth as compared to automotive industry growth of 9 per cent during the last financial year 2016-17.

8th Jagran Film Festival honours Shabana Azmi, Praveen Bhatt

8th Jagran Film Festival honours Shabana Azmi, Praveen Bhatt

25 Sep 2017 | 4:17 PM

New Delhi, Sept 25 (UNI) Veteran actor Shabana Azmi was honoured with the ‘Icon of the Indian Cinema’ award while cinematographer Praveen Bhatt was honoured with ‘Special contributions to the Cinematic Art’ at the eighth edition of the Jagran film festival.

Ntl Workshop on 'Health System Strengthening' at Jipmer from Sep 26

25 Sep 2017 | 2:29 PM

Puducherry, Sep 25 (UNI) The Department of Preventive and Social Medicine, Jipmer in collaboration with the School of Public Health, PGIMER-Chandigarh will organize the four-day“ First National Workshop on Health System Strengthening” from September 26.

Tata Motors post 22 pc growth during '16-17: Pareek

Tata Motors post 22 pc growth during '16-17: Pareek

25 Sep 2017 | 5:21 PM

Hyderabad, Sep 25 (UNI) Tata Motors Passenger Vehicle Business Unit President Mayank Pareek today said that the company had posted 22 per cent growth as compared to automotive industry growth of 9 per cent during the last financial year 2016-17.

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