HSBC captures non-resident Indian deposits using the RBI concessional window across major financial hubs.

The entities involved

• HSBC →

  British multinational bank

  • Trump pressures the Fed and HSBC advises on oil market challenges following the US-Iran interim deal.14:58
  • Erste Group Bank raised earnings estimates for HSBC, and Royal Bank of Canada increased its holdings in HSBC.14:29
• Reserve Bank of India →

  central bank of India

  • RBI Governor Sanjay Malhotra stated that the Reserve Bank of India would intervene in the currency market.16:04
  • On October 10, the Reserve Bank of India provided dollars to oil companies while operating from New Delhi.14:48
• Singapore →

  sovereign island country and city-state in maritime Southeast Asia

  • Adjusted fuel prices in the Singapore market involving energy companies like Sinopec, Shell, and Caltex.15:19
  • Shell and Caltex raised petrol prices in Singapore following the easing of sanctions on Russian fuel by the Trump administration.15:19

Related events

• HKMA allows HSBC to participate in tokenised deposits, while BlackRock engages with JETCO's platform, advancing tokenization between HK and Singapore.Sep 25
• HSBC is exiting non-core operations across continental Europe, completing sales in Argentina and Armenia, and reviewing divestments in Bahrain.Jun 8
• The Reserve Bank of India calls for stronger controls on Urban Cooperative Banks (UCBs) operating in India.Sep 2
• HSBC and Morgan Stanley were identified as global financial institutions.Sep 9
• HSBC and JPMorgan Chase are currently being tracked by Polymarket as major financial institutions.Oct 5