BusinessHSBC Targets Affluent Indian Clients to Boost Growth
HSBC Holdings Plc is intensifying efforts in India to compete with private-sector banks by focusing on the growing affluent customer base and globally connected citizens. The London-based bank aims to expand in wealth management, transaction banking, and global services, with a goal to rank among the top five private banks in India by 2030. This strategy increases competition with local banks like ICICI and Kotak Mahindra.
Business Standard·3h ago·Mumbai



