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.
Sebi revises reporting norms for AIFs, introduces annual activity report
Sebi has revised the reporting framework for Alternative Investment Funds, replacing detailed quarterly submissions with a comprehensive annual report, reducing compliance burden, improving ease of