Our entities
HSBC operates a number of different entities in India.
- HSBC Asset Management (India) Private Limited: As investment manager to HSBC Mutual Fund, this entity provides a flexible product range to individual and institutional investors including fixed income/pension mandates for large institutional clients
- Global Service Centres (GSCs): Located in Bangalore, Chennai, Hyderabad, Kolkata and Vizag, the GSCs undertake offshore operations to support all HSBC global businesses. More than 24,000 employees at the GSCs perform processing and analytical tasks to fulfil customer payments, transactions, regulatory compliance and everyday banking needs, processing around 1.7 trillion customer transactions each year, including 380 payments every second
- HSBC Securities and Capital Markets (India) Private Limited: This entity services Investment Banking (IB), Infrastructure and Real Estate, Equities research and stockbroking. The IB business includes mergers and acquisition advisory services and equities capital markets. Infrastructure and Real Estate Group services are provided to governments, large corporates and top-tier banks. Equities research and stockbroking primarily cater to the institutional client base which includes foreign institutional investors, foreign portfolio investors, local institutions, mutual funds, insurance companies, and select high net worth and corporate clients
- HSBC Software Development (India) Private Limited (HSDI): Established more than 15 years ago, HSDI is part of the global HSBC Technology function. It has more than 7,500 employees across its global centres in Hyderabad and Pune, working in agile multi-disciplined DevOps pods. They provide fintech services for the majority of HSBC’s global software ecosystem. Through its scale, connectivity, and co-located teams, HSDI offers a unique strategic advantage to the Bank. Find out more about working for HSBC Technology
- HSBC Professional Services (India) Private Limited (HPSI): This entity provides internal audit services to global businesses and global functions across the HSBC Group and is also involved in regional audit work in Asia-Pacific
- HSBC InvestDirect: HSBC InvestDirect (India) Limited (HIDL) offers lending to high net-worth individuals and corporate customers through its subsidiary HSBC InvestDirect Financial Services (India) Limited (HIFSL)
- Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited: This is a joint venture between Canara Bank, Oriental Bank of Commerce and HSBC Insurance (Asia Pacific) Holdings Limited