Bloomberg India’s central bank signalled a shift in policy focus as it ramped up efforts to mop up excess liquidity in the banking system and raised its inflation forecasts, sending bond yields higher. While the Reserve Bank of India’s (RBI) rate-setting panel decided to hold rates and keep its accommodative stance, it also voted unanimously to focus on “withdrawal ...

  Bloomberg BNP Paribas SA reached one of the most comprehensive work-from-home deals among major banks, with more than 132,000 employees given the option of doing their jobs from home for up to half the week. Staff in 22 countries across Europe can decide to work from home every week for as much as 2.5 days or to adopt a ...

  Bloomberg Credit Agricole SA acquired a minority stake in Italy’s Banco BPM SpA, in a deal that may spark speculation it is aiming for a full takeover. The French bank said it has built a 9.18% holding in Banco BPM. It’s not applied for authorization from regulators to increase its holding above 10%, according to a statement. Consolidation of ...