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HSBC Bank India

From Wikipedia, the free encyclopedia
This article is about the bank in India. For the global HSBC Group, seeHSBC.For other individual entities of the group, seeHSBC Bank.

HSBC Bank India
Company typeSubsidiary
IndustryFinance and Insurance
Founded1853;171 years ago(1853)(asMercantile Bank of India, London and China)
HeadquartersFort,Mumbai,Maharashtra,India
Key people
Hitendra Dave
(CEO)[1]
ProductsFinancial services
Number of employees
36,000 (as of June 2018)[2]
ParentHSBC
Websitehsbc.co.in
HSBC Electronic Data Processing Building in Bangalore

TheHongkong and Shanghai Banking Corporation Limited, India (HSBC India)orHSBC Bank India,is incorporated in Hong Kong SAR with limitedliability.It is a foreign bank under theBanking Regulation Act, 1949and thus is regulated by theReserve Bank of India(RBI). As per the data available with the Ministry of Company Affairs (MCA), the Indian branch is registered under the number F00947andis 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]

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

HSBC Technology India (HTI), previously called HSBC Global Technology (GLT), is part ofHSBCTechnology, the Bank's technology function. HTI is located inPune,India,andHyderabad, 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.Retrieved30 June2016.
  3. ^ab"HSBC in India - About HSBC".Retrieved30 June2016.
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