Latest News on Hsbc
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Jun 27, 2019
Indians' money in Swiss banks falls by nearly 6%, hits second-lowest level in over two decadesAggregate funds of all foreign clients of Swiss banks also fell by over 4 percent to CHF 1.4 trillion (nearly Rs 99 lakh crore) in 2018
Jun 03, 2019
Swiss bank accounts: Switzerland steps up process to share details of clients; notices to Indian account holders continueAt least 14 Indians, with accounts in Switzerland-based banks, were issued notices by the Swiss authorities last month
Mar 27, 2019
DLF to raise Rs 3,200 crore via QIP in a bid to become debt-free; issue subscribed two timesDLF launched its qualified institutional placement (QIP) offering up to 17.3 crore shares to investors
Jan 15, 2019
Petrol, diesel prices rise for sixth straight day on weak rupee, rising crude; economic slowdown dims fuel demand outlookFollowing the price revision on Tuesday, petrol was sold in Delhi at Rs 70.41 per litre, Mumbai Rs 76.05, Chennai Rs 72.52 and Kolkata Rs 73.08 a litre, according to data available on Indian Oil Corporation website.
Dec 14, 2018
Job cuts: Standard Chartered Bank cuts India headcount as digital alternatives gain steamAround 85% of Standard Chartered Bank's payment transactions, over 80% of the overall banking transactions by the 24-35 age group and 83% of the application onboarding is presently being done digitally.
Nov 27, 2018
HSBC upgrades Indian equities to 'neutral' from 'underweight', says strong earnings growth will continue next yearWith the parliamentary elections scheduled for 2019, HSBC said it expected equities to gain like in the previous three polls
Nov 05, 2018
Reliance Industries, HSBC execute first-of-its-kind blockchain trade finance transaction; reduces timelines in export documentationhe end-to-end transaction was executed on "R3's Corda" blockchain platform which is a single-shared application, rather than requiring multiple isolated digital systems across various counterparties located around the globe.
Jun 22, 2018
GST failed to deliver on promise of formalisation of economy; glitches have led to demand for cash: HSBCThe GST regime was originally associated with formality. But so far, in our view, it has not been able to live up to that promise, HSBC said
Jun 14, 2018
Google takes up full responsibility for keeping the user data safe on its CloudWith Google Cloud India region, storing data in the country has become easier for Indian organisations.
May 21, 2018
Crude oil price hike may force RBI to up key interest rates in August, say three foreign brokeragesRise in oil prices may lead to inflationary trends in the country, forcing the Reserve Bank of India (RBI) to hike rates by 0.25 percent in the August policy review, foreign brokerages said on Monday.