Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
If you are looking for a change, and have been considering to move oversees, this survey can help you find the best foreign country to live and work in.
Naina Lal Kidwai, Country Head, HSBC India and the first Indian woman to have graduated from the Harvard Business School, in 1982 speaks about the importance of hard work, women in IIM classrooms and more.
India's manufacturing PMI rose to 54.5 in December, 2014, while in the corresponding period a year ago it stood at 50.7, just above the crucial 50 mark which separates growth from contraction.
Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities.
HSBC's purchasing managers' index was released on Tuesday.
It has been in force since October 2011.
Experts say foreign investor sentiment was bolstered by the US Federal Reserve's decision to go slow with interest rate hikes and hopes of political stability.
Similarly, 51 per cent of 105 market participants polled by RBS said they do not expect a CRR cut in the quarterly policy announcement next Tuesday.
The finance ministry has received over 600 names of Indians who have accounts in HSBC Bank's Switzerland branch, from the government of France.These names were obtained by the French government after an employee of HSBC Bank became a whistleblower. He took refuge in France and brought along a long list of account holders who have allegedly stashed money in the Swiss branch of HSBC Bank. Now the Indian government is sitting tight on those names.
Former minister responds to Sheela Bhatt/Rediff.com's questions.
In 2008, Josephine Bhasin's bank accounts at HSBC India were valued at $8.3 million.
The IRS uses a John Doe summons to obtain information about possible tax fraud by people whose identities are unknown.
While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.
The Special Investigation Team (SIT) on black money today rejected an HSBC whistleblower's claim that Indian authorities are not using a "lot of information" on illicit funds, saying he has created a "hue and cry" and not replied to its earlier requests.
Former Dabur director gave sketchy details of investors and his employer after two years of tax summons.
According to HSBC's 'Climate Confidence Monitor', one in three people in Vietnam, India and China believe that climate change can be halted, compared to just one in twenty in developed economies such as France and the UK.
Tamal Bandyopadhyay takes a close look at some of the magic figures in the banking sector
In the US, it is obligatory for any citizen to provide details regarding any financial transaction he or she may have carried out overseas.
Make sure you have a firm investment policy in place - one that clearly spells out which product to buy for each goal, why to buy, when to buy and when to sell.
Sahara was to provide a bank guarantee from HSBC.
PNB officials entered into a criminal conspiracy with 19 accused companies, the FIR alleges.
Many requests are pending with the Swiss authorities.
Switching to a damage-control mode, bankers and government officials claimed that Jet Airways wouldn't fall even if Etihad refuses to back the resolution plan and exits.
The recovery in manufacturing is still likely to prove "protracted" given the lingering structural constraints.
Star Indian shuttlers P V Sindhu and Kidambi Srikanth fought their hearts out before suffering close defeats in their respective group 'B' openers at the US$ 1.5 million HSBC BWF World Tour Finals, in Bangkok, on Wednesday.
If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.
India's working population relies heavily on cash deposits and a second home to generate post -retirement income, according to an HSBC report.
Kashyap, a Commonwealth Games champion, was trailing 8-14 in the third game when he chose to retire after pulling his calf muscle.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
That prompted manufacturers to add jobs for the first time since June.
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively
The US Federal Reserve has decided to keep its stimulus programme intact and this in turn will lead to some respite for the battered emerging market economies, but it should also be borne in mind that tapering is inevitable in the medium term.
Let's take a look at 24 nations rated best for expatriates.
Burman held an undisclosed, yet, active account in an HSBC branch in Zurich
The survey showed firms passed on a greater cost burden to consumers. Prices charged rose at their fastest pace since October.
Move will be a setback for India which wants information on black money probe based on leaked data
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