Bloomberg India may cut the amount of capital it plans to inject into state-controlled lenders this fiscal year by as much as 78 billion rupees ($1.2 billion) because of slow loan growth, people with knowledge of the matter said. The government, which had promised to inject 250 billion rupees into the lenders in the year ending March 31, has ...

  Bloomberg The Bank of England (BOE) said it won’t pull its new plastic banknotes from circulation following controversy over the use of animal fat in their production. The central bank will keep the polymer five-pound ($6.22) note and will issue the new ten-pound bill as planned in September, it said in statement Wednesday. The BOE said it gave “careful ...

  Bloomberg Credit Suisse Group AG raised some of its senior Asia-Pacific investment bankers’ pay last year by as much as 15 percent after the firm boosted advisory revenues in the region, according to people familiar with the matter. Average total 2016 compensation, including bonuses, for high-performing managing directors at the bank was between $1 million to $1.5 million, said ...