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Monday, June 25, 2018

Why is HSBC shutting down its private banking business in India?
src: static.dnaindia.com

HSBC Bank India, is an Indian subsidiary of UK-based HSBC Holdings plc, is a bank with its operational head office in Mumbai. It is a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI).


Video HSBC Bank India



Businesses

  • Retail Banking and Wealth Management
  • Commercial Banking
  • Global Private Banking
  • Global Banking and Markets

Maps HSBC Bank India



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 (formerly known as HSBC InvestDirect Securities (India) Limited)
  • HSBC InvestDirect Financial Service (India) Limited (formerly known as Investsmart Financial Services Limited) HSBC InvestDirect Sales & Marketing (India) Limited
  • HSBC Agency (India) Private Limited
  • HSBC Global Shared Services (India) Private Limited

HSBC to slash 300 jobs, halve number of branches to 26 in India
src: static.dnaindia.com


Other entities

  • HSBC Asset Management (India) Private Limited
  • Global Service Delivery
  • HSBC Securities and Capital Markets (India) Private Limited
  • Global Software Development
  • Audit Services: HSBC Professional Services (India) Private Limited (HPSI)
  • HSBC InvestDirect: HSBC InvestDirect (India) Limited (HIDL)
  • Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited

HSBC bank office block building in Banaglore India Stock Photo ...
src: c8.alamy.com


HSBC Technology India

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 majority of the software products that make up the Bank's technology eco-system.

HTI is headed by Balasubramanian Ganesh, 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 China, Malaysia, Poland, and Canada.


HSBC Under the lens : HSBC discloses tax evasion probes in India ...
src: scrolltoday.com


References


HSBC bank building Mumbai India Stock Photo: 11724364 - Alamy
src: c8.alamy.com


External links

  • About HSBC

Source of the article : Wikipedia

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