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India june 15 money supply grows 138 pct on year rbi


´╗┐MUMBAI, June 27 India's M3 money supply rose an annual 13.8 percent as on June 15, compared with a 13.7 percent rise two weeks ago and a 17.3 percent growth a year earlier, the Reserve Bank of India said on Wednesday. Money supply was 76,216.5 billion rupees ($1.3 trillion) as of June 15 compared with 76,284.2 billion rupees on May 18, the central bank said.

The RBI said year-on-year reserve money growth was 7.2 percent in the week to June 22, compared with 15.4 percent a year ago.

It also said currency in circulation grew 13.8 percent year-on-year in the week to June 22, compared with 15.6 percent a year ago.

Indonesia press bca finance sees flat net profit in 2014 investor daily


´╗┐PT BCA Finance, a unit of Indonesia's third largest lender PT Bank Central Asia Tbk, expects net profit in 2014 to be flat at 1 trillion rupiah ($82.49 million) due to higher interest rates, said Finance Director Amirdin Halim, the Investor Daily reports. The estimate is slightly above an initial forecast of 920 billion to 940 billion rupiah. The firm has booked a net profit of 850 billion rupiah until November and is expecting new financing worth 27 trillion rupiah next year.

Note: Reuters has not verified this story and does not vouch for its accuracy.