Bloomberg Bond traders in India are bracing for more turmoil as the central bank signals its intention to keep lifting money-market rates. The Reserve Bank of India (RBI) offered a cutoff yield of 3.55% for a cash-draining operation, higher than traders had expected and a full 20 basis points above the lower boundary of its interest-rate corridor. “Future operations may ...

Bloomberg HDFC Bank Ltd., India’s largest private lender by assets, posted third-quarter profit that beat analyst expectations after earnings were buoyed by strong loan growth. Shares jumped. Net income was 87.6 billion rupees ($1.2 billion) in the three months through December compared with 74.2 billion rupees a year earlier, exchange filings showed. That beat the average estimate of 76.4 billion ...

Bloomberg The Bank of Japan’s (BOJ) upcoming policy assessment is likely to signal a pause in the bank’s buying of exchange-traded funds (ETFs) as long as stocks stay buoyant, according to a key author of the BOJ’s ramped up asset-purchase plan to fight the pandemic. “The BOJ is likely to make a more comprehensive judgment on the amount and frequency ...