Bloomberg The amount of cash circulating in the euro area increased last week by the most since October 2008, in the latest sign that the coronavirus pandemic has sparked the biggest economic crunch at least since the global financial crisis. Cash jumped by almost 19 billion euros ($20 billion), according to European Central Bank data. The ECB’s total balance sheet …

Bloomberg Malaysia’s banks will offer broader loan deferrals that will involve 100 billion ringgit ($23 billion) of funds as the country seeks more ways to soften the pandemic’s impact on its economy. Banks will offer six-month deferrals for all loans held by individuals and small businesses and let people convert their credit card debt into a three-year term loan, the …

Bloomberg India’s central bank is weighing opening a new credit facility for banks aimed at boosting their lending to mutual funds, which have been hit by a flood of redemptions, according to people familiar with the matter. The Reserve Bank of India and finance ministry are in favour of a proposal from the industry regulator to open a cash window …