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HSBC Group
4.0
based on 4.7k Reviews
Video summary
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 4.7k reviews
5% above
industry average
Highly rated for
Job security, Work-life balance, Company culture
Critically rated for
Promotions
Work Policy
Hybrid
88% employees reported
Monday to Friday
84% employees reported
Flexible timing
65% employees reported
No travel
74% 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
672 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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View in video summary
Opening up a world of opportunity for our customers, investors, ourselves and the planet. We're a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 63 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers. HSBC is listed on the London, Hong Kong, New York, and Bermuda stock exchanges.
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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 4.7k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
2.1k
4
1.4k
3
624
2
222
1
310
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 4.7k 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 4.4k 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 2.9k Men
Rated 4.1 for Job security and 4.0 for Work-life balance
Work Policy at HSBC Group
based on 550 reviews in last 6 months
Hybrid
88%
Work from office
10%
Permanent work from home
2%
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 4.7k reviews | 4.0/5 based on 38.1k reviews | 3.8/5 based on 25.4k reviews | 3.8/5 based on 4.5k 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 88% employees reported | Work from office 92% employees reported | Work from office 80% employees reported | Hybrid 76% employees reported |
Rating by Women Employees | 3.9 Good rated by 1.5k women | 3.9 Good rated by 10.1k women | 3.6 Good rated by 5.5k women | 3.7 Good rated by 1.4k women |
Rating by Men Employees | 4.0 Good rated by 2.9k men | 4.0 Good rated by 26.3k men | 3.8 Good rated by 18.8k 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 4.7k employees.
Senior Software Engineer
(1.7k salaries)
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₹7.2 L/yr - ₹26 L/yr
Assistant Vice President
(1.5k salaries)
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₹16.8 L/yr - ₹45 L/yr
Software Engineer
(1.3k salaries)
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₹5 L/yr - ₹14.4 L/yr
Consultant Specialist
(1.2k salaries)
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₹10 L/yr - ₹35 L/yr
Analyst
(1.1k salaries)
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₹4.3 L/yr - ₹18.9 L/yr
Senior Analyst
(957 salaries)
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₹5.5 L/yr - ₹22 L/yr
Customer Service Executive
(912 salaries)
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₹1.1 L/yr - ₹7 L/yr
Senior Consultant Specialist
(659 salaries)
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₹14 L/yr - ₹46.2 L/yr
Associate Vice President
(602 salaries)
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₹11 L/yr - ₹45.6 L/yr
AVP
(475 salaries)
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₹14.3 L/yr - ₹46 L/yr
HSBC Group Interview Questions
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Top HSBC Group interview questions and answers
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HSBC Group Jobs
Popular Designations HSBC Group Hires for
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Current Openings
HSBC Group News
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ClearScore secures €36.1 million to fuel next phase of growth and product offering
- The ClearScore Group, a global FinTech and data-driven financial marketplace, has secured €36.1 million in debt financing from HSBC Innovation Banking UK.
- This funding will be used to drive further business growth across domestic and international markets.
- ClearScore offers users the ability to monitor their credit score, receive personalized insights, and explore credit offers without impacting their credit rating.
- The company has over 24 million users across multiple countries and has recently acquired credit marketplace supplier Aro Finance to expand its secured loan offering and enter embedded finance.
Eu-Startups | 25 Feb, 2025
The State of Digital Banking in the UK
- The UK's financial system has been witnessing a change with the emergence of challenger banks and fintech companies alongside traditional banks.
- Challenger banks offer digital-first experiences with services accessible through mobile applications.
- Despite being innovative, challenger banks are subject to the same regulatory measures as bigger players like traditional banks.
- The introduction of open banking in the UK aimed to foster competition by mandating larger banks to share customer data via APIs with regulated entities.
- Challenger banks are facing challenges in maintaining a competitive edge as traditional banks are also adopting digital strategies and leveraging APIs.
- Some banks, like HSBC, have embraced API publishing and modern developer portals as part of their digital transformation.
- Fintech products using open banking data have expanded access to credit, streamlined mortgage applications, and improved energy and telecom tariffs.
- While some traditional banks are commercializing APIs, others are slow to embrace API technology, impacting their competitiveness.
- The evolving landscape of digital banking has blurred the lines between incumbent banks, challenger banks, and fintech companies.
- The future of banking involves collaboration with fintech partners, ecosystem expansion, and leveraging open data to create innovative financial solutions.
- The UK's commitment to open banking and fintech signals a shift towards a smart data economy, with significant growth potential in the coming years.
Nordicapis | 25 Feb, 2025
New EV Policy To Give Imported Cars Advantage Over Indian Vehicles, Says HSBC
- The proposed changes to India's electric vehicle policy may create an unfair advantage for imported EVs compared to domestically produced vehicles, according to HSBC.
Bloomberg Quint | 25 Feb, 2025
‘The tyranny of apps’: those without smartphones are unfairly penalised, say campaigners
- Many individuals in the UK who cannot or choose not to use mobile apps, like Michael in his late 50s, feel penalized for their decision, despite owning a smartphone.
- Apps have become ubiquitous, offering convenience with one-click access, push notifications, and enhanced security features, leading to a surge in digital exclusion for those without smartphones.
- Digital exclusion and pro-cash campaigners argue that millions unable to afford smartphones or access certain services are being deprived of discounts, deals, and essential services.
- The rise of app-exclusive deals presents challenges to individuals such as missing out on loyalty scheme benefits, savings, and rewards from retailers like Lidl, Asda, Boots, Greggs, Asos, and Screwfix.
- The app trend extends to essential services like parking, causing inconvenience for many, especially the elderly, leading to concerns over accessibility and equal participation.
- The offer of exclusive deals and rewards via apps extends to sectors such as entertainment venues, where mobile apps have become the primary method for ticket access.
- In the food and beverage industry, app-only deals and loyalty schemes by chains like McDonald's, Subway, Sizzling Pubs, and Harris + Hoole exclude non-app users from attractive discounts and rewards.
- App-only banking services, offering competitive savings rates, are increasingly popular, with app-based providers like Atom Bank, Chip, and Plum attracting savers with high-interest accounts.
- Traditional banks like HSBC also introduce app-only services, like the Global Money service, signaling a shift towards digital banking exclusively accessible through mobile apps.
Guardian | 22 Feb, 2025
HSBC Flash India PMI: Private Sector Output At Six-Month High Led by Services
- Private sector output in India increased at the fastest pace in six months during February, led by a quicker expansion in services activity.
- The HSBC Flash India Composite Output Index was at 60.6 in February, highlighting the fastest rise in private sector activity since August 2024.
- Service providers noted a quicker increase than manufacturers, and one that was the strongest in just under a year.
- Private sector companies were optimistic towards output prospects, with overall business sentiment reaching its highest mark since November 2024.
Bloomberg Quint | 21 Feb, 2025
How to master decision making in a world of uncertainty
- Uncertainty is a prevailing characteristic of the world we live in, both personally and professionally.
- A new study, 'Seizing Uncertainty,' by HSBC and Professor David Tuckett, aims to improve decision-making in the face of uncertainty.
- The study proposes a model that breaks down the anatomy of a good decision-making process.
- In addition to a strong methodology, establishing an appropriate mindset is essential for effective decision-making.
The Verge | 21 Feb, 2025
HSBC Revises Net-Zero Target, Delays Deadline to 2050
- HSBC has revised its net-zero emissions target, pushing the deadline to 2050 from 2030.
- The decision is due to the slow economic transition, raising concerns among environmental advocates.
- The new target includes a 40% reduction in emissions by 2030 and a review of emission targets for lending activities.
- HSBC's adjustment aligns with other financial institutions and allows for more flexibility in oil and gas financing.
Fintechnews | 20 Feb, 2025
Using AI for English lessons; Filmmakers reclaiming Dalit narratives
- SaaS firm Zoho valued at over Rs 1 lakh crore and secures second spot in top 10 bootstrapped companies list, trailing Serum Institute of India.
- Tesla focuses on entering India's auto market, planning showrooms in New Delhi and Mumbai.
- Musk's X may plan a funding comeback at $44 billion, aiming to reverse user and advertiser loss.
- Gurugram-based startup SpeakX uses AI to improve users' English-speaking skills through gamified learning.
- SpeakX offers subscription services at Rs 299/month with around 50,000 subscribers, half from Tier II and III cities.
- Filmmakers Babita Gautam and Sahil Valmiki tackle caste-based exclusion with their film 'The Wound of Pyre,' focusing on the Dom community.
- DS Group's Saamya initiative engages young boys in redefining gender roles to promote gender equality.
- Nikola, an EV start-up aiming to be the 'Tesla of heavy trucks,' files for bankruptcy protection.
- HSBC Holdings reviews its Wall Street offerings, considering closures of certain investment banking businesses.
- Former OpenAI CTO Mira Murati launches a rival AI start-up to make technology more accessible.
Yourstory | 20 Feb, 2025
Stock Recommendations Today: Tata Power, Cyient, Indraprastha Gas, Bajaj Finance, NHPC On Brokerages' Radar
- Stock recommendations today include Tata Power, Cyient, Indraprastha Gas, Bajaj Finance, and NHPC.
- Brokerages are closely monitoring Tata Power, Cyient, Indraprastha Gas, Bajaj Finance, and NHPC.
- HSBC maintains a 'hold' rating on Tata Power and raises target price to Rs 345 due to improving execution.
- Morgan Stanley's ratings and target price adjustments for various chemical companies based on third-quarter performance are highlighted.
- Jefferies maintains a 'buy' rating on Indraprastha Gas, citing margin improvements and growth opportunities.
- Citi discusses the impact of heightened competition on the Indian automobile sector, particularly in the electric vehicle segment.
- UBS maintains a 'sell' rating on Bajaj Finance, expecting structural declines in margins and return on assets.
- Goldman Sachs highlights collection efficiency concerns and moral hazard risks in Karnataka's banking sector.
- JPMorgan provides insights on Cyient's new CEO appointment and turnaround expectations.
- CLSA retains a 'high conviction outperform' rating on NHPC, expecting significant growth in clean energy.
Bloomberg Quint | 20 Feb, 2025
HSBC Upgrades Tata Power, Raises Target On Project Progress, Growing Segments
- HSBC has upgraded its rating for Tata Power to 'hold' from 'reduce.'
- The target price has been raised to Rs 345 from Rs 300.
- The upgrade is based on improving execution of the company despite weak macro cues.
- Segments like solar module and cell manufacturing are seeing ramp-up while the Engineering, Procurement, and Construction segment has shown a turnaround.
Bloomberg Quint | 20 Feb, 2025
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HSBC Group Subsidiaries
HSBC Bank
4.0
• 616 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 4,700+ 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 4,700+ employee reviews on AmbitionBox.
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