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Monday's headlines, Financials edition


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Monday's headlines, Financials edition

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China to cut requirement reserve ratio by 1 percentage point - Xinhua News Agency
China's Sept FX reserves fall more than expected to $3 trln - Reuters
China RQFII quota at 640 bln yuan - Xinhua News Agency
Accounting exec named to HK securities regulator - The Standard


Suruga Bank ordered to suspend real estate financing operations after loan debacle - Kyodo News
IBK opens consulting service platform for startups - The Korea Herald
BOK chief affirms independent rate-setting decision - Yonhap News Agency
Facility loans to real estate sector exceed those to manufacturing: data - Yonhap News Agency
S. Korea seeking to strengthen asset management expertise in state pension - Yonhap News Agency


Metrobank offers long-term peso bonds - Philippine Daily Inquirer
BDO says electronic banking channels restored - ABS-CBN News
FWD Life expands insurance offerings - Manila Bulletin
Infrastructure, connectivity issues impeding PHL e-payments growth - BusinessWorld
Forex Reserves Drop by $3.1b in September: Bank Indonesia - Jakarta Globe


Choppy markets force government to delay Axis Bank stake sale - The Economic Times
Flipkart forays into insurance space, teams up with Bajaj Allianz - Press Trust of India
PNB Housing raises $200 mn via ECBs - Press Trust of India
Dena Bank plans to bring down gross NPA by ₹6,000 cr. - The Hindu
Bank of Baroda launches fortnight programme dedicated to farmers - Press Trust of India
Govt moves to shield IL&FS board from adverse cases - Mint
Reserve Bank ready to work with board at IL&FS, says Patel - Mint
Indian Bank revises interest rates on FCNR(B) deposits - Press Trust of India
Rakesh Sharma to head IDBI Bank for six months - The Economic Times
Yes Bank names TS Vijayan & OP Bhatt as external members for MD selection panel - The Economic Times
RBI  proposes new FPI norms in bid to attract long-term investments - Mint
RBI assails NBFCs for sole reliance on short-term funds, terms it myopic - Press Trust of India


Big four bank chiefs to face parliamentary grilling - The Sydney Morning Herald
Banks told to cut branches to offset compliance costs - The Australian
ASIC forges fintech deal with US regulator - Insurance Business
High-society fintech under pressure to perform for billionaire backers - The Sydney Morning Herald

The Daily Dose Asia-Pacific "Headlines" edition aggregates banking, financial services and insurance headlines from the websites of a limited number of major Asian and Australian publication titles and newswires, with an editorial deadline of 6 a.m. Hong Kong time. Language translations to English are provided by an automated service and may not be entirely accurate.