HSBC India is open to acquisitions to pursue growth, nothing imminent
In an MC Exclusive, HSBC India CEO Hitendra Dave speaks to Bodhisatva Ganguli about HSBC India's ambition, on its wealth, premier proposition, globality and much more. Watch the entire interview of Hitendra Dave who believes that HSBC is banker for the affluent, for the wealthy and for the internationally oriented.
Wealth management and international and corporate proposition will be the key drivers of HSBC India, Dave tells Moneycontrol in an interview
The note says that while India's growth is stabilizing at a lower level, though still favourable, the earnings per share (EPS) growth is concentrated in the small and mid-cap space.
This funding will support the company's working capital requirements for its renewable energy business, both in India and internationally, a company statement said.
India was the UK’s 12th largest trading partner in the four quarters to the end of Q2 2023, accounting for 2.1 per cent of total UK trade.