China's finance Ministry

RBI policy good stimulus, will prompt banks to cut rate: Finance Ministry

Finance Ministry on Tuesday said RBI's policy rate cut will provide a "good stimulus" to the economy and encourage banks to reduce lending rates.

Apr 05, 2016, 14:14 PM IST

New Asian bank to be operational by year-end

The Asian Infrastructure Development Bank (AIDB) is expected to go into operation before the end of 2015, according to China`s ministry of finance.

Jan 02, 2015, 19:52 PM IST