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Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission ....
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RBNZ mulls giving non-bank deposit takers access to settlement accounts so they don't have to go through the big banks who get the financial benefit ....
The Indian government has set the Fair and Remunerative Price (FRP) for sugarcane at 315 rupees per quintal, with more than a 100% margin, meaning farmers will receive high returns. The FRP functions as a benchmark below which sugarcane cannot be bought by sugar factories; it reduces farmers payments and ensures competitiveness in the sugar industry. ....