Is HSBC a good bank in India?

The bank’s pre-tax profits from India have been over $1 billion for 2019 and 2020. He added that India was among the top three markets for HSBC in 2020 and has always been part of the top five. HSBC has the advantage of having a strong presence in countries where the Indian diaspora is predominant.

Is HSBC a good bank to have an account in?

If you’re looking for a full-service bank for more than just checking and savings accounts, HSBC fits the bill. It’s also a top choice if you’re interested in an international bank.

Which one is better HSBC or HDFC?

HSBC scored higher in 6 areas: Overall Rating, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and % Recommend to a friend. HDFC Bank scored higher in 3 areas: Career Opportunities, CEO Approval and Positive Business Outlook.

Is HSBC safe bank?

HSBC is not a safe bank! Their security system is a joke, and scammers use this fact to steal your money. HSBC states that they reimburse you in case of a scam happens on your account, but they don’t. HSBC app security is a joke.

THIS IS INTERESTING:  How can I check my Air India E ticket?

Does HSBC work in India?

As one of India’s leading financial services groups, we employ over 40,000 people and provide a full range of banking and financial services to our customers through 26 branches across 14 cities, as well as software development and global resourcing operations to our colleagues around the world. …

Is HSBC a Chinese bank?

HSBC Bank (China) Company Limited started operations on 2 April 2007 as a locally incorporated foreign bank. It is owned by the Hongkong and Shanghai Banking Corporation Limited, the founding member of the HSBC Group, which was established in Hong Kong and Shanghai in 1865.

Is HSBC better than Citibank?

HSBC scored higher in 1 area: Work-life balance. Citi scored higher in 8 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook.

Which is better HSBC or Icici?

HSBC scored higher in 6 areas: Overall Rating, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and % Recommend to a friend. ICICI Bank scored higher in 3 areas: Career Opportunities, CEO Approval and Positive Business Outlook.

What is the minimum balance in HSBC Bank?

The minimum AQB required to be maintained for HSBC Savings Account is INR150,000.

Which country owns HSBC bank?

The Mercantile Bank was bought in 1959 by The Hongkong and Shanghai Banking Corporation Limited. Founded in 1865 to serve the needs of the merchants of the China coast and finance the growing trade between China, Europe and the US, HSBC has been an international bank from its earliest days.

THIS IS INTERESTING:  Which city in India drinks the most alcohol?

What nationality is HSBC?

HSBC traces its origin to a hong in British Hong Kong, and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company’s initials.

What is HSBC known for?

HSBC is one of the world’s largest banking and financial services organisations. We serve approximately 40 million customers through our global businesses: Wealth and Personal Banking, Commercial Banking, and Global Banking & Markets.

Is HSBC a good company?

HSBC is not a good company now as it was 3 years back.

HSBC was a great place to work before, but in recent times management doesn’t care about the employee welfare, pay hikes are not matching the inflation. No definite plan to retain talent. Work is manageable, but no appreciations or good appraisals for quality work.

How is life at HSBC?

Working with HSBC is like having fun and getting the work done at the same time. Great management with high lever of understanding, positive and approachable people. HSBC is well equipped with various learning courses and competitive environment that would help in the career growth. Overall a happy place to work.

What kind of bank is HSBC?

HSBC Holdings PLC is a multinational investment bank and financial services institution. The company’s lines of business include retail banking and wealth management, commercial banking, global banking and markets, and global private banking.