Page 4 - Hsbc India
HSBC India's pre-tax profits up 9.5 per cent to $561 million for H1 2020
There was a 67 per cent growth in the allowance for expected credit losses (ECL) to $82 million during the six months as compared with July-December 2019
 "HSBC India's pre-tax profits up 9.5 per cent to $561 million for H1 2020")
Economic recovery in India hinges on moratorium duration: Chris Wood
Wood suggests that moratorium could trigger a consumer lending non-performing loans (NPL) cycle
 "Economic recovery in India hinges on moratorium duration: Chris Wood")
Top headlines: India can give befitting response, says PM, and more
From US closely monitoring Ladakh border row to usage of dexamethasone to treat Covid-19, Business Standard brings to you a snapshot of the top events of the day
 "Top headlines: India can give befitting response, says PM, and more")
Covid-19 fallout: Airbus, Boeing results show turbulent times for aviation
Given the nationwide lockdown and weak travel sentiment, global aviation consultancy CAPA revised downwards estimates for India's air traffic for the for FY21 from 80 to 90 million to 55-70 million
 "Covid-19 fallout: Airbus, Boeing results show turbulent times for aviation")
HSBC India profit crosses $1 bn in 2019, third-most profitable in Asia
The global banking and markets segment contributed to $466 million in profits, against $387 million in 2018.
HSBC India names Amitabh Malhotra head of investment banking
Prior to HSBC, Malhotra worked at Rothschild India, where he advised on the Idea-Vodafone merger, restructuring and capital raising for SpiceJet, among other deals
 "HSBC India names Amitabh Malhotra head of investment banking")
HSBC India investment banking head Sunil Sanghai quits
The veteran i-banker and Dhruva announced a joint venture
 "HSBC India investment banking head Sunil Sanghai quits")
