Next policy review meet is scheduled to be held on October 4
Rupee is hovering around 66.86 a dollar level
Interview with head of equity strategy for Asia Pacific, HSBC
The lender's London-listed shares were trading 3.6% higher
Two-thirds of HSBC's profit came from Asia, up from 62% from a year earlier
In the 2012, HSBC admitted to violating US sanctions laws and failing to stop Mexican and Colombian cartels from laundering money
The investigation is being conducted by the FDIC's Office of Inspector General and the FBI's Washington Field Office
US officials also charged Stuart Scott, HSBC's former head of foreign exchange cash trading for Europe
Because of concerns about the stability of the financial system
Cabinet has cleared the base price for the country's largest spectrum auction to date, at the approved reserve price last week
HSBC said it would set up a new advisory team, combining corporate finance with mergers, acquisitions execution
About 300 employees might be hit by closure of 24 branches
The restructuring will eventually eliminate one job in five around the world, and around a sixth of jobs in Britain
Investors also suffered a drop in earnings per share to $0.20 compared with $0.26 for the equivalent period in 2015
The revenues fell 4% year-on-year to $13.9 billion.
Profit also aided by favourable credit spreads movements in its debt and drop in operating expenses from a year ago
The new policy will lower the maximum amount its executive directors could earn by 7%
Says equities are not likely to benefit from structural reforms as they are trading at a significant premium
Q&A with Herald Van Der Linde, head equity strategy - Asia-Pacific, HSBC
The Sensex, which tumbled into a bear market last month, is still valued at a 47 per cent premium over a gauge of emerging markets