HSBC India has unveiled its largest branch in the country, strategically located in Whitefield, Bengaluru.
Full Story:
HSBC India’s decision to establish its largest branch in Whitefield, Bengaluru, with a considerable footprint of 8,300 square feet, stands as a prominent international bank in the country.
Whitefield, situated in Bengaluru South, has now become more accessible, making it an ideal location for HSBC India’s new branch. The region boasts a per capita income of $11,305 (Rs 9,36,983), significantly higher than India’s per capita income of $2,610 (Rs 2,16,316). The branch will offer an extensive international network, a range of products, bespoke wealth solutions, specialized relationship managers, and global private banking expertise.
Source: NewsMeter
Sandeep Batra, the head of wealth and personal banking at HSBC India, emphasized the bank’s commitment to fostering wealth creation through innovation and entrepreneurialism. With India ranking third globally in terms of tech unicorns, HSBC India is strategically positioning itself to cater to this dynamic sector. Batra highlighted that HSBC currently banks 50 percent of the top 100 tech unicorns, showcasing the bank’s strong ties with the tech community and its dedication to supporting their financial needs.
Source: The Hindu Business Line
According to Batra, Whitefield provides the ideal backdrop for HSBC India’s ultra-modern luxury branch. This branch is set to complement HSBC’s existing offerings, delivering world-class services and providing access to its international network. The facility will serve as a comprehensive financial hub, offering banking transactions, wealth management solutions, international account opening assistance, lending services, and an ATM, catering to the diverse needs of the clientele.
