S.Korean households’ surplus fund hits 4-year high in 2019

Xinhua News Agency | Apr 8, 2020 at 7:20 AM

South Korean households’ surplus fund hit a four-year high last year as the government’s efforts to control speculative investment in the real estate market reduced borrowing by households, central bank data showed Wednesday.

BOK faces growing pressure to help brokerages

The Korea Times | Apr 8, 2020 at 6:43 AM

Moody’s considers cutting credit ratings for top securities firms By Park Jae-hyuk The Bank of Korea (BOK) is being urged to lend its money to domestic securities firms suffering financial difficulties from the coronavirus pandemic.

RBI moratorium: A mere deferment inspires no confidence

Money Control | Apr 7, 2020 at 8:37 PM

On March 27, due to the prevailing COVID-19 situation, the Reserve Bank of India (RBI) announced that all commercial banks and NBFCs (Non-Banking Financial Corporations) had been permitted to allow a moratorium of three months on all term loans, including home, personal, education and auto loans and credit card dues outstanding as on March 1.