HSBC

The two lenders in GIFT City, disbursed a combined $19.3 billion through RBI's concessional swap facility for foreign-currency non-resident deposits which ran from June till the end of August

The three-year borrowing, which could be extended to as long as five years, attracted 28 banks, some of which committed via various branches or subsidiaries

HSBC is set to begin its search for a new CFO after Pam Kaur announced plans to retire in 2027. Here are the internal and external candidates in contention.

Hiren Sanghvi will replace her as head of markets and securities services in India

HSBC said its board has started to ​look for a successor, and will consider "both internal and external candidates".

Ant International, an ‌overseas affiliate of the Jack Ma-founded Chinese ‌fintech firm Ant Group, raised $1.2 billion last month in its latest equity fundraising as it seeks to expand.

HSBC had earlier upgraded Indian equities to "Neutral" from "Underweight" and raised its 2026-end target for the BSE Sensex index to 84,000 levels.

The currency had declined to a record low in May but has steadied after the measures were announced in June

Business activity weakened as sales and output growth moderated while inflationary pressures intensified amid renewed tensions in West Asia

HSBC has mobilised over $5 billion in FCNR(B) deposits under the RBI's swap scheme, leveraging its global network and expanding NRI banking presence in India

Brokerage upgrades Indian equities to 'Neutral' from 'Underweight' and raises its 2026-end Sensex target to 84,000, citing easing oil prices, stable rupee and improving foreign investor sentiment

HSBC Electronic Data Processing India has taken over 130,000 sq ft in HITEC City on a 4-year, 7-month sublease at a starting monthly rent of ₹6.41 crore with a 5 per cent annual escalation

The integrated campus on Bengaluru's Outer Ring Road will bring together HSBC employees from multiple locations and is designed with a focus on collaboration, sustainability and wellbeing

HSBC's flash PMI survey shows softer demand, slower output growth and weaker hiring momentum across manufacturing and services sectors in June

The HSBC Flash India Composite PMI Output Index fell to 57.4 in June from 59.3 in May, as demand, hiring and business optimism softened across both key sectors

Allianz and HSBC are finalising a deal for HSBC's Singapore insurance unit, with the business valued at up to $2 billion

The Centre's NHPC stake sale drew strong demand, a Mumbai court summoned former Religare chairperson Rashmi Saluja, and HSBC MF launched its first SIF

HSBC Value Fund has outperformed its benchmark and peers across timeframes, driven by strong stock selection and higher mid- and small-cap exposure

Anand, a veteran banker with 25 years of experience, will oversee HSBC's global India private banking franchise across India and key international hubs

The brokerage said that although domestic equity valuations have corrected from their peaks, they ​may appear expensive again as earnings downgrades filter through