HSBC Bank India - Wikipedia

Bank in India This article is about the bank in India. For the global HSBC Group, see HSBC. For other individual entities of the group, see HSBC Bank. HSBC Bank India

Company type	Subsidiary
Industry	Finance and Insurance
Founded	1853; 172 years ago (1853) (as Mercantile Bank of India, London and China)
Headquarters	Fort, Mumbai, Maharashtra, India
Key people	Hitendra Dave (CEO)[1]
Products	Financial services
Number of employees	36,000 (as of June 2018)[2]
Parent	HSBC
Website	www.hsbc.bank.in

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.[1]

Businesses

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• Wealth and Personal Banking
• Commercial Banking
• Global Banking and Markets[3]
• Credit Cards

HSBC Group members in India

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• 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

Source:[3]

HSBC Technology India

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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

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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

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• About HSBC

v t e HSBC
Origin	The Hongkong and Shanghai Banking Corporation
Board of directors	Kathleen Casey Laura Cha Henri de Castries Jonathan Evans David Nish Noel Quinn Mark Tucker
Brands	HSBC Expat HSBC InvestDirect HSBC Life HSBC Premier HSBC Private Bank PayMe Proa
Principal local banks	Australia Bangladesh Bermuda Brazil Chile Mainland China Egypt Continental Europe Germany Hong Kong India Indonesia New Zealand Malaysia Malta Middle East México Monaco Philippines Poland Saudi Arabia Singapore South Korea Sri Lanka Japan Taiwan Thailand Turkey United Kingdom United States
Subsidiary banks	First Direct (UK) Hang Seng Bank (Hong Kong) (63.04%) M&S Bank (UK)
Minority stakes and JVs	Bank of Communications (19%) Canara HSBC Life Insurance (26%) HSBC Saudi Arabia (60%) SABB (40%) Techcombank (15%)
Predecessor companies	Bank of British Columbia Barclays Bank Canada Beneficial Continental Bank of Canada Crédit Commercial de France Greenwich Savings Bank Grupo Banistmo Guyerzeller Household Imperial Bank of Persia Lloyds Bank Canada Marine Midland Bank Midland Bank Republic New York Samuel Montagu & Co. Williamsburgh Savings Bank
Former local banks	Argentina Armenia Canada Costa Rica Georgia Greece Panama Russia
Former subsidiaries	Charterhouse Capital Partners HSBC Rail
Scandals	Libor scandal Swiss Leaks more
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