Chinas bank lending declined sharply in October as demand slowed amid property market downturn and weaker economic activity, data published by the Peoples Bank of China showed. Banks extended CNY 615.2 billion in new yuan loans in October compared to CNY 2.47 trillion in September. Total social financing, a broad measure of credit and liquidity in the economy, decreased significantly to CNY 907.9 billion from CNY 3.53 trillion in September. Data showed that broad M2 money supply increased 11.8 percent annually, slower than the 12.1 percent growth in September.Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
