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HSBC Group
4.0
based on 4.6k Reviews
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Associated Companies
Company Locations
Working at HSBC Group
Company Summary
HSBC, one of the largest banking and financial services institutions in the world, serves millions of customers through its four Global Businesses.
Overall Rating
4.0/5
based on 4.6k reviews
4% above
industry average
Highly rated for
Job security, Work-life balance, Company culture
Critically rated for
Promotions
Work Policy
Hybrid
86% employees reported
Monday to Friday
84% employees reported
Flexible timing
65% employees reported
No travel
75% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
783 employees reported
Office cab/shuttle
750 employees reported
Health insurance
740 employees reported
Cafeteria
673 employees reported
View all benefits
About HSBC Group
Founded in1865 (160 yrs old)
India Employee Count10k-50k
Global Employee Count1 Lakh+
India HeadquartersPune, Maharashtra, India
Office Locations
Websitehsbc.com
Primary Industry
Other Industries
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HSBC, officially known as The Hongkong and Shanghai Banking Corporation Limited, is a wholly owned subsidiary of HSBC, the largest bank in Hong Kong, and operates branches and offices throughout the Asia Pacific region, and in other countries around the world
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AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
HSBC Group won India’s Largest Employee Choice Awards in Large Companies Category.
#4 Top Rated Banking Company
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HSBC Group Ratings
based on 4.6k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
2.1k
4
1.4k
3
592
2
218
1
295
Category Ratings
4.0
Job security
4.0
Work-life balance
3.9
Company culture
3.7
Skill development
3.6
Work satisfaction
3.5
Salary
3.2
Promotions
HSBC Group is rated 4.0 out of 5 stars on AmbitionBox, based on 4.6k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at HSBC Group
based on 4.3k reviews
3.9
Rated by 1.5k Women
Rated 4.0 for Job security and 3.8 for Work-life balance
4.0
Rated by 2.8k Men
Rated 4.1 for Job security and 4.0 for Work-life balance
Work Policy at HSBC Group
based on 474 reviews in last 6 months
Hybrid
86%
Work from office
11%
Permanent work from home
3%
HSBC Group Reviews
Top mentions in HSBC Group Reviews
+ 5 more
Compare HSBC Group with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 4.6k reviews | 4.0/5 based on 37.4k reviews | 3.8/5 based on 24.8k reviews | 3.8/5 based on 4.4k reviews |
Highly Rated for | Work-life balance Job security Company culture | Job security Skill development Company culture | No highly rated category | Job security |
Critically Rated for | Promotions | No critically rated category | Promotions | Promotions |
Primary Work Policy | Hybrid 86% employees reported | Work from office 92% employees reported | Work from office 81% employees reported | Hybrid 71% employees reported |
Rating by Women Employees | 3.9 Good rated by 1.5k women | 3.9 Good rated by 9.8k women | 3.6 Good rated by 5.3k women | 3.7 Good rated by 1.3k women |
Rating by Men Employees | 4.0 Good rated by 2.8k men | 4.0 Good rated by 25.7k men | 3.8 Good rated by 18.3k men | 3.8 Good rated by 2.9k men |
Job security | 4.0 Good | 4.1 Good | 3.7 Good | 3.8 Good |
View more
HSBC Group Salaries
HSBC Group salaries have received with an average score of 3.5 out of 5 by 4.6k employees.
Senior Software Engineer
(1.5k salaries)
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₹7.2 L/yr - ₹26 L/yr
Assistant Vice President
(1.4k salaries)
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₹13.8 L/yr - ₹45 L/yr
Software Engineer
(1.3k salaries)
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₹5 L/yr - ₹14.4 L/yr
Analyst
(1.1k salaries)
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₹4.3 L/yr - ₹19 L/yr
Consultant Specialist
(1.1k salaries)
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₹10 L/yr - ₹35 L/yr
Senior Analyst
(978 salaries)
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₹5.5 L/yr - ₹22 L/yr
Customer Service Executive
(912 salaries)
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₹1.5 L/yr - ₹6.8 L/yr
Senior Consultant Specialist
(658 salaries)
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₹14 L/yr - ₹48 L/yr
Associate Vice President
(612 salaries)
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₹10.9 L/yr - ₹45 L/yr
AVP
(472 salaries)
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₹14 L/yr - ₹45 L/yr
HSBC Group Interview Questions
Interview questions by designation
Top HSBC Group interview questions and answers
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HSBC Group Jobs
HSBC Group News
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TVS Motor, Bajaj Auto HSBC's Preferred Picks Among 2-Wheelers; Ola Electric Downgraded To 'Hold'
- TVS Motor and Bajaj Auto are HSBC's preferred picks among two-wheeler stocks.
- Ola Electric has been downgraded to 'hold' due to quality and service issues.
- TVS Motor has been upgraded to 'buy' with a target price of Rs 2,800.
- Bajaj Auto maintains a 'buy' rating with a lower target price of Rs 10,500.
Bloomberg Quint | 29 Jan, 2025
HSBC Flash India PMI: 2025 Begins With Private Sector Growth Slowing, Services Lose Steam
- The HSBC Flash India PMI indicated the weakest rate of expansion for 14 months, with private sector growth slowing and services losing steam.
- The HSBC Flash India Manufacturing PMI increased from 56.4 in December to 58.0 in January, highlighting the best improvement in the health of the sector since July 2024.
- Sales expanded at manufacturing companies, but services saw the slowest growth in new business since November 2023, resulting in eased private sector sales growth.
- Job creation and exports saw strong growth, while cost pressures and concerns about competition affected business confidence.
Bloomberg Quint | 24 Jan, 2025
India’s business growth hits 14-month low in January, PMI shows
- India's business growth hits 14-month low in January, PMI shows.
- HSBC's flash India Composite Purchasing Managers' Index falls to 57.9 in January, the lowest reading since November 2023.
- Manufacturing sector remains buoyant, while services sector experiences a slump.
- Inflationary pressures intensify, raising concerns for the Reserve Bank of India.
HinduBusinessLine | 24 Jan, 2025
Reports: HSBC Shuttering Cross-Border Payments App Zing
- HSBC is closing its cross-border payments mobile app, Zing, after one year of operation.
- Approximately 400 jobs are expected to be affected by the closure.
- Zing was designed to compete with FinTech rivals by offering lower transaction fees.
- Zing customers will be provided with an alternative option to become bank customers of HSBC UK.
Pymnts | 24 Jan, 2025
Arya.ag secures $30 million debt from HSBC India, backed by GuarantCo
- GuarantCo, part of the Private Infrastructure Development Group, has provided two partial guarantees to HSBC India to extend a $30 million loan facility to Arya.ag.
- The loan proceeds will be used to provide post-harvest liquidity to farmers, farmer producing organisations (FPOs), and small agri-enterprises.
- Arya.ag aims to bring farmers under the formal banking channel, helping them unlock greater value for their crops and avoiding distress sales.
- This transaction marks GuarantCo's first venture into the agricultural sector in India, with a focus on financial inclusion and climate resilience.
HinduBusinessLine | 23 Jan, 2025
Agritech startup Arya.ag Raises $30Mn debt facility from HSBC,GuarantCo
- Agritech startup Arya.ag has raised a $30 million debt facility in partnership with HSBC and GuarantCo.
- GuarantCo provided two partial guarantees to HSBC India for the loan provided to Arya.ag.
- The funds will be used for warehouse receipt financing and bridging payment gaps in the agricultural value chain.
- Arya.ag plans to expand its services and aims to launch an IPO by FY27.
VIE Stories | 23 Jan, 2025
Arya.ag Secures $30M debt facility from HSBC backed by GuarantCo
- Agritech platform Arya.ag has secured a $30 million debt facility from HSBC, supported by GuarantCo.
- GuarantCo, funded by governments of the UK, Switzerland, Australia, and Sweden, provided partial guarantees to HSBC India for the loan.
- The funds will be used to enhance Arya.ag's services in warehouse receipt financing and bridging payment gaps between farmers and buyers.
- Arya.ag's integrated model of storage and financing aims to improve market linkages and reduce post-harvest losses for farmers.
Yourstory | 23 Jan, 2025
HSBC Reportedly Weighing Sale of Australian Retail Banking Unit
- HSBC is reportedly considering a sale of its Australian consumer banking operation.
- The bank aims to pare down its business and may retain its commercial banking unit in Australia to serve corporate clients.
- The retail banking business, comprising 40 branches and offices, could attract interest from other lenders.
- HSBC's potential plans for Australia follow similar efforts by Santander to exit the UK market.
Pymnts | 21 Jan, 2025
Govt may outperform fiscal target at 4.8 per cent of GDP in FY’25 on lower capex, say foreign banks’ economists
- Foreign banks' economists predict that the Indian government may outperform its fiscal target of 4.8% of GDP in FY'25 due to lower capital expenditure.
- Economists from HSBC Global Research expect the government to achieve fiscal consolidation targets in FY'25, with estimated fiscal deficit at 4.8% of GDP.
- Standard Chartered Bank India also predicts a better fiscal deficit of 4.8% in FY'25 compared to the targeted 4.9% of GDP.
- Goldman Sachs India suggests a fiscal deficit target of 4.4-4.6% of GDP in FY'26.
HinduBusinessLine | 18 Jan, 2025
HSBC receives approval to open 20 new branches in India
- HSBC has received approval to open 20 new branches in India.
- The cities where the new branches will be located are Amritsar, Bhopal, Bhubaneswar, Dehradun, Faridabad, Indore, Jalandhar, Kanpur, Ludhiana, Lucknow, Mysuru, Nagpur, Nashik, Navi Mumbai, Patna, Rajkot, Surat, Thiruvananthapuram, Vadodara, and Vishakhapatnam.
- HSBC aims to be the preferred international bank for India's affluent and globally mobile Indians.
- The expansion is part of HSBC's strategy to tap into the growing wealth market in India.
HinduBusinessLine | 17 Jan, 2025
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HSBC Group Subsidiaries
HSBC Bank
4.0
• 608 reviews
HSBC Securities and Capital Markets
3.3
• 29 reviews
M&S Bank
5.0
• 1 review
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HSBC Group Offices
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HSBC Group FAQs
When was HSBC Group founded?
HSBC Group was founded in 1865. The company has been operating for 160 years primarily in the Financial Services sector.
Where is the HSBC Group headquarters located?
HSBC Group is headquartered in Pune, Maharashtra. It operates in 7 cities such as Hyderabad / Secunderabad, Bangalore / Bengaluru, Pune, Kolkata, Chennai. To explore all the office locations, visit HSBC Group locations.
How many employees does HSBC Group have in India?
HSBC Group currently has more than 38,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in HSBC Group based on the number of reviews submitted on AmbitionBox.
Does HSBC Group have good work-life balance?
HSBC Group has a work-life balance rating of 4.0 out of 5 based on 4,500+ employee reviews on AmbitionBox. 76% employees rated HSBC Group 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read HSBC Group work-life balance reviews for more details
Is HSBC Group good for career growth?
Career growth at HSBC Group is rated as moderate, with a promotions and appraisal rating of 3.2. 24% employees rated HSBC Group 3 or below, while 76% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading HSBC Group promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in HSBC Group?
Working at HSBC Group comes with several advantages and disadvantages. It is highly rated for job security, work life balance and company culture. However, it is poorly rated for promotions / appraisal, based on 4,500+ employee reviews on AmbitionBox.
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