HSBC Bank

HSBC Bank is a subsidiary of HSBC Holdings plc, a global financial services company based in London, UK. Here is an overview of its history, profile, and financials:

History:
HSBC Bank was first established in India in 1853 in Kolkata (then known as Calcutta). Over the years, the bank expanded its operations across India and today, it has a presence in over 30 cities across the country.

Profile:
HSBC Bank India offers a range of banking and financial services to its customers, including savings accounts, current accounts, fixed deposits, loans, credit cards, debit cards, and online banking services. It also provides investment banking services, trade finance, treasury and capital markets, and insurance products to its corporate and individual clients.

HSBC Bank India has been recognized for its customer service, innovation, and commitment to sustainability. It was the first bank in India to launch a mobile banking app in 2011 and it has won numerous awards for its digital banking solutions and sustainability initiatives.

Financials:
As of December 31, 2020, HSBC Bank India had total assets of INR 192.4 billion (approx. USD 2.6 billion) and a net profit of INR 1.9 billion (approx. USD 25.8 million) for the financial year 2020-21. HSBC Bank India's financial performance has been impacted by the COVID-19 pandemic, with a decline in its net profit and a decrease in its total assets compared to the previous financial year. Despite this, HSBC Bank India remains one of the leading foreign banks operating in India.

The Hongkong and Shanghai Banking Corporation Limited (HSBC)'s origin in India date back to 1853. In India, the Bank offers a comprehensive suite of world-class products and services to its corporate and commercial banking clients.

HSBC offers a wide range of personal financial services, including personal lending and deposit products, through its wide branch network. Branch-wide international Gold and Classic credit cards from VISA and MasterCard and debit cards from Visa are also offered to customers.

Customers have access to 24-hour banking services through an extensive network of automated teller machines (ATMs), an integrated Call Centre, and internet banking - online@hsbc .

Phone: 98954 72424

Web : http://www.hsbc.co.in/