Bloomberg Indian stocks rose, with the benchmark equity index climbing to a more than five-month high, after the election commission set a date range for national polls, and said the result will be unveiled on May 23. The S&P BSE Sensex advanced 1 percent to 37,054.10, its highest close since September 19. The gauge rose 1.7 percent last week for …

Bloomberg Indian lenders haven’t fully passed on the central bank’s latest interest rate cut to borrowers, pressuring the monetary authority to loosen policy even more to support economic growth. A mismatch between deposits and credit growth, and competition from the government for small-savings mean banks face a high cost of capital, limiting their ability to transmit monetary policy easing. Bankers …

Bloomberg ING Groep NV reduced its bonus pool by 25 percent after a year marred by a record money-laundering settlement and public discontent in the Netherlands over banker pay. The country’s largest lender paid out 303 million euros ($340 million) in bonuses for 2018, down from 403 million euros the year before, according to its latest annual report. ING said …