Bloomberg India’s central bank approved an early transfer of a part of its profit to the government, which is desperate for cash to fund populist pledges ahead of a national election. The Reserve Bank of India’s board, approved 280 billion rupees ($4 billion) as interim dividend, according to a statement. This is the second straight year that the RBI has …

Bloomberg Yes Bank Ltd. fell after India’s central bank reprimanded it for selectively revealing a “confidential” report by the regulator that led to a 30 percent surge in the lender’s shares. The regulator called the disclosure a “deliberate attempt” to mislead the public. The risk assessment report on Yes Bank prepared by the Reserve Bank of India identified several lapses …

Bloomberg When HNA Group Co. became Deutsche Bank AG’s top shareholder in early 2017, the German lender’s shares were trading near two-year highs and the fledgling Chinese airline was voicing ambitions of turning into a big player on Wall Street. Then both firms ran into roadblocks. HNA has since lost its seemingly insatiable appetite for growth, embarking on a selling …