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.
HSBC India: Premier Indian Foreign Bank
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