HDFC Bank has mandated six global banks, including HSBC, JPMorgan, Citibank, and Standard Chartered Bank. HDFC Bank did not respond to an email query. JPMorgan declined to comment. Citibank, HSBC and Standard Chartered couldn’t be reached immediately for comments.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend