Standard Chartered PLC
Standard Chartered PLC (HKSE: 2888) is trading at HK$221.00, about ₹2,727 at today's HKD/INR rate, as of 9 Oct 2026, 4:08 AM ET, up 1.38% today. Indian residents can buy Standard Chartered from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$218.20
Today's high
HK$221.80
52 week low
HK$141.30
52 week high
HK$248.80
2888 opened at HK$219.60, closed previously at HK$218.00, and has traded between HK$141.30 and HK$248.80 over the past 52 weeks.
About
Standard Chartered PLC, along with its subsidiaries, delivers a comprehensive array of banking and financial services across key regions worldwide, including Asia, Africa, Europe, the Americas, and the Middle East. The company structures its operations into two core divisions: Corporate, Commercial, and Institutional Banking; and Consumer, Private, and Business Banking. It provides individuals with everyday retail offerings such as deposits, savings accounts, home loans, credit cards, and personal financing. Its wealth management segment offers investments, portfolio administration, insurance products, and tailored financial guidance. Furthermore, the bank facilitates transaction banking services, including cash management, working capital solutions, and trade financing. Standard Chartered is also active in financial markets, supplying services like project and transportation funding, debt capital markets solutions, leveraged finance, and securities services, alongside sales, structuring, and trading in macro, commodities, and credit instruments. Modern digital banking solutions are also a core part of its service portfolio. The institution serves a broad spectrum of clients, from financial entities, governments, and other banks to investors, large corporations, small businesses, and individual customers. Founded in 1853, Standard Chartered maintains approximately 776 branches globally and is headquartered in London, United Kingdom.
Key statistics
Avg. volume
964.79K
Market cap
HK$483.64B
P/E Ratio
13.06
Price-to-sales ratio
1.33
Enterprise value
$84.20B
Free cash flow yield
64.53%
Debt-to-equity ratio
2.04
Return on equity
9.59%
ROIC
1.53%
Beta
0.60
Dividend yield
2.42%
Last dividend
HK$2.56
Financial overview
Revenue
$40.94B
Earnings per share
$1.99
Free cash flow
$36.51B
Net profit margin
11.79%
Gross margin
47.01%
EBITDA
$8.22B
Revenue growth
-0.89%
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This is not an investment recommendation
How to buy Standard Chartered from India
Indian residents can buy Standard Chartered shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers. Read the full guide: how to invest in Standard Chartered from India
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for Standard Chartered and place an order
Find Standard Chartered by name or by its ticker, 2888, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Standard Chartered trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Standard Chartered position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Standard Chartered from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Standard Chartered’s current yield is 2.42%.Dividend tax explained
FAQs
Can Indian residents buy Standard Chartered stock?
Yes. Standard Chartered (2888) has been listed on the Hong Kong Stock Exchange since 2002, in the Banks - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Standard Chartered share cost in rupees?
One Standard Chartered share is HK$221.00 — about ₹2,727 at an HKD/INR rate of 12.34 on 8 Oct 2026. Both the Standard Chartered price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Standard Chartered from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Standard Chartered?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Standard Chartered shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Standard Chartered price. Paasa issues a capital-gains statement for your return.
Does Standard Chartered pay a dividend, and how is it taxed in India?
Yes. Standard Chartered pays a dividend and the current yield is 2.42%; the last declared dividend was HK$2.56 per share, about ₹31.63. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Standard Chartered from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is Standard Chartered a Hong Kong SAR China company, and does that change how it is taxed?
Standard Chartered trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in United Kingdom. Standard Chartered trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Standard Chartered shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Standard Chartered holding, its cost and its closing value.
How do I sell Standard Chartered and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.