HSBC India

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HSBC India

  • Second oldest foreign bank in India
  • Second largest foreign bank in India in terms of number of branches
  • Gave India its first ATM
  • About 150 years of experience in the banking sector

The Hongkong and Shanghai Banking Corporation (HSBC) is one of the foremost foreign banks in India. Headquartered in London, it was originally established in Hong Kong by Mr Thomas Sutherland in 1865, with a view to serve the needs of the merchants of the China coast and finance the growing trade between China, Europe and the United States. HSBC came to India when it acquired the Mercantile Bank of India in 1959. From then onwards it came to be known as HSBC India.

The bank has since steadily grown in reach and service offerings, keeping pace with the evolving banking and financial needs of its customers. In India, the bank offers a comprehensive suite of world-class products and services to its corporate and commercial banking clients as also to a fast growing personal banking customer base. The organisation's adaptability, resilience and commitment to its customers have further enabled it to survive through turbulent times and prosper through good times over the past 150 years. Presently, it has over 50 bank branches in cities across India and over 40 ATM locations.

Source: http://www.hsbc.co.in/1/2/homepage

HSBC India: Premier Indian Foreign Bank

2014 Wins Best Export Finance Arranger Asia-Pacific in Trade Finance Awards for Excellence
2013 Bags Asset Triple A Country Award for Best Deal in India for its Bharti Airtel deal
2012 Bags Asset Country Award for Best Deal in India for its Reliance Industries deal
2011 Wins Top House Award in Finance Asia Achievement Awards
2009 Wins Asia-Pacific Oil and Gas Deal of the Year for Cairn India

Updated: July, 2014

Banking
Total banking assets in India is expected to cross US$ 28.5 trillion in FY25.
x IBEF : India Brand Equity Foundation