Hsbc Bank

HSBC Live+ Credit Card offers luxury benefits on travel, lifestyle spending and cashback. The cardholders will get 15% discount at restaurants across Asia. The card also offers 10% cashback on spending in three categories: dining, food delivery, and groceries.

RBI imposes Rs 29.60 lakh penalty on HSBC Bank for rule violations

The central bank said the bank failed to ensure that there was no negative amortisation while computing Minimum Payment Due in certain credit card accounts

HSBC defrauded of Rs 2 crore by man posing as HR head

The accused opened 38 salary accounts in the names of employees, made 28 credit cards and took two loans from HSBC.

HSBC taps former investment bank chief as CFO; Q3 profits fall 42%

The bank posted a pretax profit of $3.15 billion for the three months ended September 30. That was down from $5.4 billion a year ago, but well above the $2.45 billion average of analyst estimates compiled by the bank.

HSBC Q3 pretax profit slides 42% on France sale, credit losses

The London-headquartered bank posted a pretax profit of $3.15 billion for the three months ended September 30.

HSBC cuts dozens of investment banking jobs: source

The redundancies will mainly impact sales and advisory staff in the lender's global banking and markets divisions, the source said, with affected staff being informed this week.

Jwalamukhi sells 0.63% stake in Kajaria Ceramics for Rs 56 cr

According to bulk deal data available with BSE, HSBC Bank Mauritius Ltd AC Jwalamukhi Investment Holdings sold a total of 9,94,905 shares, amounting to 0.63 percent stake of Kajaria Ceramics.

Jet Airways offers EMI payment option to purchase tickets

The Mumbai-headquartered private airline has tied up with leadings banks including Axis Bank, HSBC Bank, ICICI Bank, Kotak Mahindra Bank, among others, to offer EMI payments at the time of bookings, a release said.

Blackmoney case: Court summons K K Modi as accused for Apr 25

The court took cognizance of the department's complaint and directed 75-year-old Krishan Kumar Modi, a South Delhi resident, to appear before it on April 25 in the alleged tax evasion case.

ATM card skimming racket busted in Thane, 10 arrested

Thane Police claimed to have busted a debit and credit cards skimming racket, being run at restaurants and hotels here and adjoining Mumbai, with the arrest of 10 persons.

Suresh Prabhu woos UK investors for investment in rail sect

Suresh Prabhu, who had gone to London last week at the invitation of UK government, met Oliver Letwin, Chancellor of the Duchy of Lancaster and UK Minister in charge of cabinet affairs.

HSBC unit hikes stake in Ceat to 5.64%

Jwalamukhi Investments Holdings (JIH), a sub-account of HSBC Bank (Mauritius) acquired 14,21,375 shares of Ceat Ltd, amounting to 3.51 percent stake on July 31, 2015, the company said in a BSE filing.

Black money:Swiss banks seek fresh undertaking from Indians

Seeking to come clean on illicit funds amid intense government pressure, Swiss banks have asked their Indian clients to provide fresh undertakings to ensure that untaxed money is not stashed in their accounts.

Black money: India offers cash reward to HSBC whistleblower

The Finance Ministry had in February said that the Income Tax department was already in touch with Falciani, "who apparently brought out the names of persons holding undisclosed bank accounts in HSBC, Switzerland."

Black money: SIT widens probe as new names emerge

Special Investigation Team (SIT) on black money today decided to widen its probe as new names of Indians with Swiss bank accounts have come up but made it clear that legal action will be taken only after verifying facts.

All Swiss bank a/c holders may not be illegal: FM

Just names do not ensure proper proceedings in the court. It should be rather backed by solid evidence." If evidence is authentic, then only it stands in the court, he said. The official statement said some of the names figure in today's list have already come in the earlier list available with the government.

Black money details can't be shared with courts: Swiss govt

The comments come at a time when a Supreme Court-monitored Special Investigation Team is probing alleged stashing of black money by Indians aboard, including Swiss banks.

SIT on blackmoney to go after offenders: Justice Shah

Everybody is equal. Whoever has looted this country will be caught and will be punished, economically and otherwise also. That we assure. Both of us (SIT chief Justice Shah) are too well known for doing it to discomfort of many people," Vice Chairman Justice Arijit Pasayat said.

Info can't be disclosed outside specific proceedings: Swiss

The comments come at a time when a Supreme Court-monitored Special Investigation Team is probing alleged stashing of black money by Indians aboard, including Swiss banks.

Black money: India withdraws multilateral info sharing pact

Sources said that India was unable to sign the pact as there was uncertainty about disclosures, lack of clarity on the ability to comply with the confidentiality clause.

Unearthing cap flight can add $30 bn to FX reserves: BofA

According to the global financial services major, though there would not be any immediate forex impact given the legal issues involved, it could add USD 30-35 billion to the forex reserves over time.

Keeping black money names secret may be stretched charade

By playing coy in the initial stages and forcing the Supreme Court to order it to reveal the names, the government has can now claim that its hand was forced by the courts; and, if any of the names now revealed embarrasses any political party, it will say we didn‘t do it, the court did.

Par Panel asks Govt to end probe into HSBC blackmoney A/cs

A Parliamentary panel today asked the Finance Ministry to expeditiously complete the probe into the names revealed by HSBC on unaccounted money stashed abroad.

Government probing HSBC list of accounts: P Chidambaram

The government today informed Parliament that the Income Tax Department and its other wings are probing the information received with regard to foreign bank accounts of individuals and entities with the HSBC bank.

Sensex can go up to 21,000 in next few months: HSBC Bank

According to Murray Gunn of HSBC Bank, if the Sensex holds the pivot level of 17,631, it can go up to 21,000 in the next few months.