Bloomberg State Bank of India and Punjab National Bank will be among lenders that receive 881 billion rupees ($14 billion) of fresh capital the government had pledged for state-run banks in the year through March 31. SBI, the nation’s biggest lender by assets, will get 88 billion rupees while Punjab National Bank will take 55 billion rupees, Rajiv Kumar, banking ...

Bloomberg The Bank of Japan will continue with its unprecedented monetary easing policy for a “couple more years” and it will remain tough for lenders to make money from doling out credit, according to the top executive at Mizuho Financial Group Inc. “Just simple lending business is not so profitable, and this situation will last,” Chief Executive Officer Yasuhiro Sato ...

Bloomberg Strains are spreading in China’s $15 trillion shadow banking industry as investors pull back from the debt-like savings products that helped drive leverage to dangerous levels. Most affected are some $3.8 trillion of so-called trust products, until now the fastest-growing shadow banking segment and a popular way for debt-ridden property developers and local governments to raise funds from millions ...