HSBC Holdings appoints Pam Kaur as its first female finance chief
Mumbai: HSBC Holdings appointed insider Pam Kaur as its first female finance chief on Tuesday, replacing Georges Elhedery, who became CEO earlier this year, Reuters reported.
India's manufacturing activity slows to to an eight-month low in September: Private survey
New Delhi/IBNS: India's manufacturing sector slowed to an eight-month low in September as factory output and sales growth decelerated, and international orders saw their weakest rise in 18 months, according to a private survey released on Tuesday (Oct. 1).
RBI imposes Rs 29.6 lakh fine on HSBC over non-compliance in card ops
Mumbai: The Reserve Bank of India (RBI) announced it has fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) Rs 29.6 lakh for failing to comply with certain directives regarding card operations.
India crosses China as HSBC's third-largest profitable business region
HSBC Group Wednesday reported a 25% rise in earnings from its activities in India, reaching $1.5 billion for the fiscal year ending December 2023, media reports said.