Batra says Punjab branch is HSBC’s strategic expansion pan-India
With entrepreneurial spirit and innovation propelling economic growth and personal wealth, affluent customers in India are increasingly embracing a global outlook, says Sandeep Batra, Head of International Wealth and Premier Banking, HSBC India, which has opened a new branch in Amritsar on 12 Dec.
“The customers are looking for a trusted partner who can seamlessly support them. Our new branch in Amritsar reflects our commitment to being closer to our customers and providing world-class banking solutions tailored to their specific needs,” he said https://www.bseindia.com/.
“As India’s leading international bank, we remain dedicated to empowering our clients to explore opportunities and achieve their ambitions, both within India and globally,” underlined Batra, adding that HSBC India with the opening of Punjab branch has marked a significant step in its strategic expansion across the country.
The expansion reinforces HSBC’s focus on the wealth opportunity in India, where it is the leading international bank offering a full spectrum of solutions and services to clients across International Wealth and Premier Banking, and Corporate and Institutional Banking https://www.nseindia.com/.
This is the bank’s 28th branch in India following the Reserve Bank of India’s approval earlier this year to open 20 new bank branches in key cities http://rbi.org.in.
Amritsar, a city steeped in history and culture, is emerging as a hub for wealth creation, driven by its strategic location and evolving economic landscape. The city is home to a burgeoning population of affluent, High Net Worth (HNW), Ultra High Net Worth (UHNW), and non-resident clients in one of India’s rapidly growing wealth hubs. India’s wealth creation is rapidly expanding beyond major metropolitan areas. HSBC’s new branch is strategically positioned to meet the financial and wealth needs of this customer segment.
With this addition, HSBC now has a network of 28 branches across 16 cities in India. HSBC has maintained a strong presence in India for over 170 years, supporting customers in their financial journeys both locally and globally. Last month, HSBC India opened its newest branch in Vadodara.
Further HSBC India will open branches in Bhopal, Bhubaneswar, Dehradun, Faridabad, Indore, Jalandhar, Kanpur, Ludhiana, Lucknow, Mysuru, Nagpur, Nashik, Navi Mumbai, Patna, Rajkot, Surat, Thiruvananthapuram and Vishakhapatnam. Fiinews.com
