Bloomberg The Reserve Bank of India rescheduled this week’s interest-rate meeting over the possible lack of a quorum in the Monetary Policy Committee (MPC). “The dates of the MPC’s meeting will be announced shortly,” the RBI said in a statement on Monday, without giving reasons for the delay. The meeting was scheduled to begin on Tuesday, with the rate decision …

Bloomberg Australia will make it easier for banks to approve mortgages and small-business loans to help the economy recover from its first recession in almost 30 years. Shares of the nation’s biggest lenders surged. As part of a sweeping overhaul of so-called responsible lending obligations, the government will allow banks to rely on income and spending information provided by borrowers …

Bloomberg Commerzbank passed over internal front-runners in favour of an executive with a reputation for tough cuts at its biggest rival to push through one of the largest restructuring programs in its history. Manfred Knof, 55, head of German retail banking at Deutsche Bank AG, takes over from Martin Zielke as Commerzbank chief executive officer on January 1, according to …