HSBC steps up India expansion with affluent-client push to drive growth
HSBC Holdings Plc is preparing a significant expansion in India, planning to increase its branch network by 35% over the next two years as it sharpens its focus on wealth management and transaction banking. The lender is targeting affluent customers with international financial needs, betting that India’s rising pool of globally connected high-net-worth clients can help it climb into the country’s top tier of private banks by 2030.
