The profit growth came despite an increase in provision for credit losses in the year dominated by the pandemic, the bank said in a statement

The ICRA sample pool of 12 brokerage companies registered an annualised growth of 34 per cent in broking income and 21 per cent in total revenues in H1 FY2021

Punjab & Sind Bank will allot preferential shares to the government next month in lieu of Rs 5,500 crore capital infusion into the bank

Citing the low interest rate environment and tough market conditions, HSBC ditched its goal of achieving a return on tangible equity of 10 to 12%, and said instead it will aim for 10% over the medium term

The restructuring, one of the largest undertaken by a blue chip lender for more than a decade, will be partly managed through natural attrition as people leave the bank

Indian stock markets have been ahead of most emerging markets in 2018. India is set to offer attractive returns as earnings recovery pulls in foreign investors.

The news sent HSBC shares up three percent to a four-year high of 764 pence each in London, as the bank signaled further buybacks and confidence it can continue to improve revenues from growth in Asia.

With advancements in the field of biometric technology, India has topped globally in adoption of biometrics techniques, says a report.

With the US economy growing in strength, the chances of a hike in interest rates by the Federal Reserve seem to be growing. Already, a strong indication has been given by the US Fed Chair Janet Yellen.

The financial services sector has emerged as the most favoured since May this year by attracting Rs 11,024 crore till October 15 as against an outflow of Rs 5,666 crore in this period previous year.

Investing in mutual funds when the stock market is at a high level is risky. One fear is that it will fall. Second, in this market, like in all bull runs, there are too many distractions.

Bill Maldonado, CIO, Asia Pacific, and Global CIO, Equities, HSBC Global Asset Management, talks to Tanvi Varma about why he is positive on Indian equities.

The investment scenario has been buoyant in 2012. The domestic stock market is going strong. Commodities and debt, too, have given decent returns to investors. Money Today tells you what to expect in 2013.

Global banking major HSBC reports 26 per cent growth in underlying profit at $6.78 billion in the three months period ended March 2012, boosted by robust performance in emerging markets.

HSBC announced on Thursday that it will sell general insurance businesses in Hong Kong, Singapore, Argentina and Mexico, as part of its restructuring exercise.

The British lender's domestic unit also reported major improvements in its retail and wealth management verticals, with the losses coming down to $4 million from $49 million in the year-ago period.

There is no power women waiting in the wings.

No longer a mere ATM card substitute, debit cards now come with features and facilities that are equal—or better—than those offered by credit cards.

DBS Bank climbs to pole position in the category of banks with a balance sheet size of more than Rs 3,000 crore and 10 branches or less. The success mantra: Stay away from retail.