HSBC 'overweight' on India, 2016-end Sensex target at 28,500
Global brokerage firm HSBC on Monday upgraded India to the 'overweight' status, citing improving domestic indicators and more realistic earnings expectations.
Jul 04, 2016, 14:29 PM IST
HSBC to close 24 retail banking branches in India, slash 300 jobs
The total number of branches will be coming down to 26 in 14 cities from 50 in 29 cities earlier, with a bulk of impact on presence in smaller centres.
May 19, 2016, 18:29 PM IST
HSBC appoints Ravi Menon as CEO of Indian asset management arm
HSBC has appointed Ravi Menon as the chief executive of its asset management arm in the country, after the elevation of Puneet Chaddha as business head for South East Asia.
Jan 17, 2016, 12:36 PM IST
Watch: Exclusive Chat with HSBC head Naina Lal Kidwai
Check out Zee Media's exclusive chat with Naina Lal Kidwai, Country Head, HSBC India.
Dec 22, 2015, 16:03 PM IST
HSBC to wind up private banking business in India
Some 70 people working in the division headed by Shantanu Ambedkar will now be absorbed into the retail bank.
Nov 27, 2015, 14:37 PM IST
HSBC India head Naina Lal Kidwai to retire on December 31
Kidwai joined the bank as Vice Chairman and Managing Director at HSBC Securities and Capital Markets in 2002 and was appointed as group general manager in 2006. She took over as chief executive of HSBC India in 2007 and as Chairman of HSBC India in 2009.
Sep 30, 2015, 17:39 PM IST
HSBC pre-tax net dips 11% as key verticals fare poorly
The oldest foreign lender HSBC India today reported 11 percent dip in pre-tax profit for the January-June period at USD 335 million due to a fall in the merchant banking, retail banking and wealth businesses.
Aug 03, 2015, 20:34 PM IST
HSBC India plans to launch 'green bonds' this year
"HSBC is the world's fourth largest issuer of green bonds. We are big player. We are working to get this in India. We are working with key authorities on this issue. Most probably we will launch this year," Kidwai said.
Aug 03, 2015, 16:08 PM IST
Job cut to have minimum impact on India: HSBC
Even though British lender HSBC Tuesday announced a mega plan to improve performance by culling up to 25,000 jobs globally, the impact of the global exercise is expected to be minimal for its operations here and some surprise benefits may also come in.
Jun 09, 2015, 20:14 PM IST
HSBC India at centre of fresh tax evasion claims
HSBC's Indian banking unit is at the heart of fresh revelations around tax evasion, days after a global expose showed tax dodging through accounts in the British major's Swiss banking unit, a media report said today.
Feb 15, 2015, 16:20 PM IST
