Thu, Nov 23, 2023
HSBC India and UKEF on Thursday signed a Letter of Intent (LoI), which enables them to work together on opportunities relating to UKEF's guarantee-backed structures. India was the UK's 12th largest trading partner in the four quarters to the end of Q2 2023, accounting for 2.1 per cent of total UK trade.
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Wed, Oct 25, 2023
HSBC downgrades HUL: HSBC added that HUL's lacklustre Q2 performance hasn’t helped, with areas of weakness persisting in the portfolio and "unless markets turn deeply risk-averse, we see little upside," it added.
Thu, Sep 28, 2023
"This is our first Sustainability Linked Loan obtained from HSBC India, marking our unwavering dedication to our Environmental, Social, and Governance (ESG) objectives," Amit Agarwal, Executive Director & Group CFO of DCM Shriram Ltd, said.
Wed, Jan 11, 2017
Payments bank licensee Fino Paytech on Wednesday said it has raised Rs 149 crore from ICICI Lombard and ICICI Prudential, clearing the decks for it to seek Reserve Bank of India's (RBI) final nod as it becomes a majority domestic investors-owned entity.
Global financial services major HSBC has set an optimistic benchmark BSE Sensex target at 30,500 for December-end, 2017 saying that structural reforms like demonetisation and GST will boost growth in the long run.
Mon, Jan 09, 2017
Foreign brokerage HSBC on Monday projected sharply lower growth numbers for the year at 6.3%, way lower than the official CSO estimate of 7.1% for 2016-17.
Thu, Jan 05, 2017
"We expect GDP to grow 5.0% in the October- December quarter and 6.0% in the January-March quarter, about 2 percentage points lower than we had expected before the demonetisation was announced," HSBC said in a research note.
Thu, Nov 24, 2016
India's economic growth is expected to fall by up to 1% points over the next 12 months in the wake of demonetisation, says HSBC.
Sun, Nov 20, 2016
HSBC's forex strategists see the rupee weakening versus the USD to 68.0 by end-2016 and 69.5 by end-2017.
Mon, Aug 29, 2016
A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients.
Fri, Jun 10, 2016
India will equal China's 4.9% share of world GDP in 2005 by the middle of next decade, HSBC said.
Mon, Jun 06, 2016
Rajan, criticised for following hawkish monetary policy for too long before starting to lower rates, has reduced the benchmark interest rate by 1.5%.
Mon, May 30, 2016
While corporate ROE has been in decline since 2008, it now appears to be stabilising at around 15%.
Thu, May 19, 2016
The consolidation exercise is the result of a strategic review of retail and wealth management vertical
Mon, May 16, 2016
"We raise India to neutral in an Asian context. We raise our 2016 Sensex target to 26,000 (from 25000)," HSBC said in a research note.
Mon, May 09, 2016
In February, Zomato had said that it had become profitable in six regions, including India.
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![India "obvious candidate" to drive global growth: HSBC](http://50342.g72ip.group/sites/default/files/styles/zeebiz_160x90/public/2016/06/10/2692-economy-ians.JPG?itok=BOD00Ots&c=c0c89711f40c42f20eb5872b443adad4 "India "obvious candidate" to drive global growth: HSBC")
