HSBC Bank India

In today's world, HSBC Bank India has become increasingly important. Whether in the field of health, technology, education or any other field, HSBC Bank India has captured the attention of experts and the general public. Over the years, we have witnessed how HSBC Bank India has evolved and become a key issue in our society. In this article, we will thoroughly explore all facets of HSBC Bank India, from its history to its current applications, with the goal of providing a complete and detailed overview of its importance in today's world.

HSBC Bank India
Company typeSubsidiary
IndustryFinance and Insurance
Founded1853 (1853) (as Mercantile Bank of India, London and China)
HeadquartersFort, Mumbai, Maharashtra, India
Key people
Hitendra Dave
(CEO)
ProductsFinancial services
Number of employees
36,000 (as of June 2018)
ParentHSBC
Websitehsbc.co.in
HSBC Electronic Data Processing Building in Bangalore

The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India) or HSBC Bank India, is incorporated in Hong Kong SAR with limited liability. It is a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI). As per the data available with the Ministry of Company Affairs (MCA), the Indian branch is registered under the number F00947 and is incorporated in India since 1 January 1983. The registered office is at Mumbai, India.

Businesses

  • Wealth and Personal Banking
  • Commercial Banking
  • Global Banking and Markets

HSBC Group members in India

  • The Hongkong and Shanghai Banking Corporation Limited
  • HSBC Asset Management (India) Private Limited
  • HSBC Electronic Data Processing (India) Private Limited
  • HSBC Professional Services (India) Private Limited
  • HSBC Securities and Capital Markets (India) Private Limited
  • HSBC Software Development (India) Private Limited
  • HSBC InvestDirect (India) Limited
  • HSBC InvestDirect Securities (India) Private Limited
  • HSBC InvestDirect Financial Service (India) Limited
  • HSBC Agency (India) Private Limited
  • HSBC Global Shared Services (India) Private Limited

HSBC Technology India

HSBC Software Development (India) Pvt. Ltd., Pune nameboard

HSBC Technology India (HTI), previously called HSBC Global Technology (GLT), is part of HSBC Technology, the Bank's technology function. HTI is located in Pune, India, and Hyderabad, India, with the former being the headquarters. HSBC Technology India has been in existence for over 15 years, and currently supports the majority of the software products that make up the Bank's technology eco-system.

HTI is headed by Pradip Menon, who is also global CIO for the Retail Banking and Wealth Management business, as well as Global Head of Application Development and Maintenance.

Apart from India, HSBC Technology centers are present in Sri Lanka, China, Malaysia, Poland, and Canada.

References

  1. ^ Roy, Anup (7 June 2021). "HSBC names company veteran Hitendra Dave as CEO of India business". Business Standard India.
  2. ^ "HSBC's India headcount up by 1,000; US staff size down". The Hindu. 24 February 2015. Retrieved 30 June 2016.
  3. ^ a b "HSBC in India - About HSBC". Retrieved 30 June 2016.

External links