HSBC India is preparing to open branches in 20 additional cities across the country, aiming to strengthen its position as a premium banking service provider focused on high-net-worth individuals and globally-minded clients.
The expansion is backed by licences received from the Reserve Bank of India earlier this year, reflecting HSBC’s confidence in India’s growing affluence, rising aspirations, and global mobility
Key Highlights
- New Cities: Branches will open in cities including Amritsar, Thiruvananthapuram, Bhopal, Bhubaneswar, Dehradun, Faridabad, Indore, Jalandhar, Kanpur, Ludhiana, Lucknow, Mysuru, Nagpur, Nashik, Navi Mumbai, Patna, Rajkot, Surat, Vadodara, and Visakhapatnam
- Timeline: Four branches are expected to open by December 2025 and another four by June 2026
- Existing Network: HSBC currently operates 26 branches across 14 cities, with Mumbai hosting nine branches, Delhi three, Bengaluru and Kolkata two each, and others in key metro and Tier-II cities
Focus on Service
Sandeep Batra, Head – International Wealth and Premier Banking, HSBC India, emphasized consistency across all branches:
“The bank has to do what it is able to do best… to serve companies and individuals who are globally minded. You will get the same service, same global access, even the coffee will be the same.”
The emphasis will remain on providing premium and globally aligned banking experiences, irrespective of the branch location.
Hyderabad GCC
- HSBC’s headcount in India is 45,000, including employees at its Global Capability Centre (GCC) in Hyderabad, opened last year
- The GCC is located in the same building as the newly relocated Hitech City branch and the newly opened 12,000 sq. ft. corporate office
- Hyderabad is a strategic hub for HSBC, supporting both GCC operations and expanded banking services
Conclusion
HSBC’s branch expansion and GCC growth highlight its commitment to serving high-net-worth and globally minded clients across India. With a focus on consistent premium service, strategic city presence, and GCC-backed operations, HSBC is positioning itself as a key player in India’s evolving banking landscape
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