HSBC’s CEO, Georges Elhedery, expresses strong confidence in the US dollar’s continued dominance as the global reserve currency. He highlights India’s unique growth potential, emphasizing HSBC’s commitment to expanding its presence, particularly in premier banking, to serve the affluent middle class. The bank is open to acquisitions that enhance capabilities and drive organic growth in strategic areas.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,