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Tag: banking

Posted on 01/03/2025

RBI imposes penalty on The Hongkong and Shanghai Banking Corporation and IIFL Samasta Finance Limited

A penalty of Rs 33.1 lakh has been imposed on IIFL Samasta Finance Limited for non-compliance with certain provisions of the ’Non-Banking Financial Company – Systemically Important Non-Deposit taking ... ( read original story ...)

Posted on 01/03/2025

Shanghai Industrial Urban Development Group Issues Profit Warning for 2024

The latest update is out from Shanghai Industrial Urban Development Group Ltd ( ($HK:0563) ). Shanghai Industrial Urban Development Group Ltd has ... ( read original story ...)

Posted on 28/02/2025

RBI imposes penalty on The Hongkong and Shanghai Banking Corporation

A penalty of Rs 33.1 lakh has also been imposed on IIFL Samasta Finance Limited for non-compliance with certain provisions of the 'Non-Banking Financial Company - Systemically Important Non-Deposit ... ( read original story ...)

Posted on 28/02/2025

RBI penalises HSBC, IIFL Samasta Finance over compliance lapses

The Reserve Bank of India has imposed a ₹66.6 lakh penalty on HSBC for non-compliance with KYC norms and other directions. IIFL Samasta Finance was also fined for regulatory lapses. ( read original story ...)

Posted on 28/02/2025

China’s Chery Auto files IPO application in Hong Kong

China's Chery Automobile has submitted an application for an initial public offering in Hong Kong, according to a prospectus published on Hong Kong Stock Exchange on Friday. The IPO has CICC, Huatai ... ( read original story ...)

Posted on 28/02/2025

China tech startups race to capitalise on DeepSeek fever, Xi’s meeting

Chinese technology startups are racing for fresh fundraising to capitalise on the DeepSeek-induced fervor towards artificial intelligence, as well as President Xi Jinping's recent show of support to ... ( read original story ...)

Posted on 28/02/2025

HSBC focuses on digitisation to make banking easier

HSBC remains committed to making banking easier and more secure within the ever-evolving economic landscape by blending the power of digitisation with the expertise of our colleagues and the strength ... ( read original story ...)

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