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Hsbc India News

HSBC India Profit Surges by 19% in 2023, Hitting USD 1.5 Billion Milestone

HSBC Group reported a notable 19% increase in its India operations, with profits reaching USD 1,517 million in the financial year ending December 2023. This growth highlights India's significance as a key market for the bank....

HSBC India, To Lend USD 250 Million To Startups

Foreign lender HSBC India on Monday announced that it will lend USD 250 million to startups in the country. The bank did not specify the timeframe for disbursal of the amount The lending will be done to high-growth, tech-led startups in ...

Indian private sector services activity rises at fastest rate in three months

The HSBC India Services PMI for May has pointed to a marked increase in Indian service sector activity, as signalled by a rise in the headline HSBC Business Activity Index from 52.8 in April to a three-month high of 54.7. ...