HSBC’s pre-tax profit falls 48% as virus batters global economy
Lender reported pre-tax profits of $3.2 billion, down 48 percent citing credit losses from clients hit by the economic slowdown
India may become third-largest economy in next 10 yrs: HSBC
GST alone could add 40 bps to GDP growth emanating from its productivity and efficiency gains.
RBI likely hold policy rate, watch inflation: HSBC
The brokerage attributed the jump in inflation numbers to rising vegetable prices.
HSBC records 5 per cent rise in profit, calls for USD 2 billion share buyback
HSBC said it expects to commence latest buyback shortly for completion in second half of 2017.
India growth unchanged at 7.1 per cent in 2017-18:HSBC
According to the global financial services major HSBC, output gap in the country is likely to remain negative for longer period of time.
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