Categories: Banking

HSBC inaugurates international banking unit in Gujarat

Global financial services major HSBC has inaugurated it’s International Banking Unit (IBU) branch at GIFT City near Gandhinagar city in Gujarat. HSBC is one of the earliest global financial institutions setting up a branch at India’s GIFT City and was the first bank to get a licence from the newly set up International Financial Services Centres Authority (IFSCA). HSBC’s IBU branch at Gujarat International Finance Tec-City (GIFT City) will be operational for customer transactions with effect from January 27.

WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual

About the HSBC:

HSBC has been present in the country for more than 160 years and its fourth branch globally was opened in India. HSBC operates in all of the leading international financial service hubs in the world and looks forward to the development of GIFT City as a globally competitive international financial centre.

Important takeaways for all competitive exams:

  • HSBC Bank India CEO: Surendra Rosha.
  • HSBC Bank India HQ: Mumbai, Maharashtra.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

What Is Thirukkural? Ancient Tamil Classic Gifted by PM Modi to Vladimir Putin

Honorable PM Narendra Modi presented Russian President Vladimir Putin with a Russian translation of the…

2 hours ago

Duleep Trophy Winners: Complete List from 1961 to 2026

The East Zone bagged the Duleep Trophy trophy 2026-27 following the draw between South Zone…

3 hours ago

BRICS Summits 2009-2026: Themes, Host Countries and Major Outcomes

Since the time of the first summit held in 2009, there has been much change…

5 hours ago

BRICS Members in 2026: Which Country Has the Highest GDP and Where Does India Rank?

The group of BRICS countries has grown considerably, with 11 leading emerging economies belonging to…

6 hours ago

Who Is Sudhakar Dalela? India’s BRICS Sherpa 2026, Role and Key Agenda

As India is organizing the 18th BRICS Summit in New Delhi from September 12 to…

6 hours ago

UPI Gets Tap-to-Pay and Unified Transaction View Features

The Reserve Bank of India (RBI) has come up with an innovative digital payment features…

7 hours ago