China Asks Big Banks to Curb Interbank Lending to Ease Cash Glut
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Original source
China told big state-owned banks to reduce their lending in the interbank market, according to people familiar with the matter, in an effort to prevent borrowing costs from drifting too far below the policy interest rate.
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Original article published by Bloomberg on June 12, 2026. Analysis and insights provided by AnalystMarkets AI.
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