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HSBC BANKS IFSC BANKING UNIT
How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...
Corporate loan growth outpaces retail advances at top private banksCorporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail cred...
Stocks in news: ICICI Bank, YES Bank, Kotak Bank, RIL, Axis BankMarkets advanced Friday, gaining over one percent despite weak global cues. Analysts await quarterly results from Reliance Industries, HDFC...
IDBI Bank ups FCNR ante with 16% on offerThe scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, de...
Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globallyFresh SIP options in international mutual funds have narrowed sharply, with only Baroda BNP Paribas Aqua FoF accepting new investments afte...
NRIs can bring USD 70-80 bn into India through FCNR deposits: ExpertNon-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative...
JPMorgan says 100+ MNCs are exploring GIFT City operationsGIFT City is drawing strong interest from multinational companies, with JPMorgan saying more than 100 firms are exploring banking and payme...
Foreign or local? Investors at loss over GIFT fundsInvestors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...
HSBC Offers 19x FCNR(B) Leverage in GIFT CityHSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposit...
HSBC upgrades Indian equities to 'neutral' on easing oil prices, return of foreign flowsHSBC upgraded Indian equities to Neutral from Underweight on Thursday. Easing crude oil prices reduced earnings risks for Indian companies....
Tata Capital raises $400 million in dollar bond sale after strong demandTata Capital successfully raised four hundred million dollars through dollar-denominated bonds. The company achieved a coupon rate signific...
PFC raises USD 300 mn via bonds carrying floating interest ratesPower Finance Corporation has successfully secured USD 300 million via floating rate notes set to mature in July 2029. These instruments ad...
UK to issue first 'digital' bond by early 2027, finance minister saysBritain aims to become the first major economy to issue a digital sovereign bond. This initiative will test distributed-ledger technology f...
FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentumFinance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on forei...
PFC raises USD 300 mn via bonds carrying floating interest rates
Shriram Finance taps foreign banks for cheaper debtDBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names ...
Claiming Section 80G tax deduction? You must report these additional details when filing your ITR for AY 2026-2027ITR Filing 2026: Income Tax Return forms now require additional details for Section 80G deductions. Taxpayers must report transaction refer...
Global Market: HSBC cuts gold price forecasts for 2026-27 on hawkish Fed outlookHSBC has lowered its average gold price forecasts for 2026 and 2027. This adjustment stems from expectations of a stronger U.S. dollar and ...
Punjab & Sind Bank gets approval to set up IFSC banking unit at GIFT CityThis marks a step in the bank's journey towards expanding its international banking presence and offering world-class offshore banking serv...
HSBC pulls back from risky credit after bankruptcy scare, FT reportsHSBC is reportedly scaling back its involvement in riskier private credit deals, according to the Financial Times. This strategic shift ind...