Bloomberg Even as the Reserve Bank of India (RBI) takes a page out of the Federal Reserve’s playbook to push down borrowing costs, yields are headed higher as inflation is unlikely to abate soon, according to Aditya Birla Sun Life AMC Ltd. Inflation will probably remain elevated over the next six to 12 months, according to Maneesh Dangi, who oversees …

Bloomberg Deutsche Bank AG is offering to buy the debt of an Indian power producer at a discount of about 70%, according to people familiar with the matter, the second such proposal from the German lender in recent weeks. It proposed to pay 11.50 billion rupees ($162 million) for 39 billion rupees of loans, excluding accrued interest, to a power …

Bloomberg Citi Private Bank appointed Christian Schuwey, formerly from UBS Private Bank, as its head of South Asia FX Advisory, according to a company memo seen by Bloomberg. Schuwey, who worked at UBS for more than 30 years in foreign-exchange roles, is based in Singapore, according to the memo. He will drive Citi’s efforts to grow in Southeast Asia, India, …