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HSBC Group
3.9
based on 5.1k 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
3.9/5
based on 5.1k reviews
3% above
industry average
Highly rated for
Job security, Company culture, Work-life balance
Critically rated for
Promotions
Work Policy
Hybrid
86% 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
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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 5.1k reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
2.3k
4
1.6k
3
660
2
231
1
351
Category Ratings
4.0
Job security
3.9
Company culture
3.9
Work-life balance
3.7
Skill development
3.6
Work satisfaction
3.5
Salary
3.2
Promotions
HSBC Group is rated 3.9 out of 5 stars on AmbitionBox, based on 5.1k company reviews.This rating reflects an average employee experience, indicating moderate 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 4.8k reviews
3.8
Rated by 1.6k Women
Rated 4.0 for Job security and 3.8 for Work-life balance
4.0
Rated by 3.1k Men
Rated 4.0 for Work-life balance and 4.0 for Job security
Work Policy at HSBC Group
based on 663 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 | 3.9/5 based on 5.1k reviews | 3.8/5 based on 6.8k reviews | 3.9/5 based on 6.5k reviews | 3.9/5 based on 4.9k reviews |
Highly Rated for | Job security Work-life balance Company culture | Work-life balance Job security | Job security Skill development Salary | Salary |
Critically Rated for | Promotions | Promotions Skill development | Promotions | No critically rated category |
Primary Work Policy | Hybrid 86% employees reported | Hybrid 84% employees reported | Hybrid 58% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 3.8 Good rated by 1.6k women | 3.9 Good rated by 2.1k women | 3.8 Good rated by 2.2k women | 3.8 Good rated by 177 women |
Rating by Men Employees | 4.0 Good rated by 3.1k men | 3.8 Good rated by 4.5k men | 4.0 Good rated by 3.9k men | 3.9 Good rated by 4.5k men |
Job security | 4.0 Good | 3.9 Good | 4.0 Good | 3.7 Good |
View more
HSBC Group Salaries
HSBC Group salaries have received with an average score of 3.5 out of 5 by 5.1k employees.
Senior Software Engineer
(1.6k salaries)
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₹7.8 L/yr - ₹25.5 L/yr
Assistant Vice President
(1.6k salaries)
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₹13.8 L/yr - ₹46.7 L/yr
Software Engineer
(1.4k salaries)
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₹5 L/yr - ₹14.5 L/yr
Consultant Specialist
(1.2k salaries)
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₹10.8 L/yr - ₹35 L/yr
Analyst
(1.2k salaries)
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₹10.9 L/yr - ₹20 L/yr
Senior Analyst
(1.1k salaries)
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₹5.6 L/yr - ₹24 L/yr
Customer Service Executive
(915 salaries)
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₹1.5 L/yr - ₹6.7 L/yr
Senior Consultant Specialist
(667 salaries)
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₹14 L/yr - ₹46.2 L/yr
Associate Vice President
(637 salaries)
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₹12.9 L/yr - ₹45.6 L/yr
AVP
(485 salaries)
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₹15 L/yr - ₹48 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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Best Credit Cards For Beginners: Key Factors To Check Before Applying
- Choosing the right credit card is an important step in establishing healthy financial habits and building a strong credit history.
- Beginners should evaluate their spending patterns and choose a card that aligns with their habits to maximize benefits.
- Considering factors like low fees, affordable interest rates, and eligibility for first-time users is crucial.
- Recommended beginner-friendly credit cards include SBI SimplyClick, Axis Ace, HSBC Visa Platinum, and Standard Chartered Super Value Titanium.
Bloomberg Quint | 24 Apr, 2025
HSBC Flash PMI Rises To 8-Month High Of 60 In April
- The HSBC 'flash' PMI data showed quicker expansions in aggregate output and employment.
- The HSBC Flash India Composite Output Index highlighted the fastest rate of expansion since August 2024.
- Goods producers saw a stronger rate of expansion than service providers, and one that was the most pronounced in over 15 years.
- Manufacturers led the upturn with the steepest rate of inflation in over 12 years.
Bloomberg Quint | 23 Apr, 2025
UK banks expected to win shareholder approval for big pay rises for bosses
- UK banks are expected to win approval for massive pay increases in the coming weeks.
- Proxy advisory services ISS and Glass Lewis have backed NatWest, Barclays, and HSBC over plans to increase CEO payouts by more than 40%.
- NatWest Group is proposing a 43% increase for its CEO, Barclays a 45% increase, and HSBC a 43% increase.
- Shareholder advisers believe the pay increases are necessary to compete with peer banks and attract top talent.
Guardian | 19 Apr, 2025
Applications of Cloud Computing in Banking
- Cloud computing in banking is transforming the industry, offering enhanced security, cost-efficiency, and scalability to improve customer experiences and streamline operations.
- Key applications of cloud computing in banking include secure data storage, AI-driven risk management, digital banking, modernization of core banking, and multi-cloud strategies for disaster recovery.
- Banks utilize cloud platforms to ensure compliance with regulations like CCPA, GDPR, and PCI-DSS, with advanced encryption and compliance tools provided by cloud providers like Google Cloud and Microsoft Azure.
- Cloud-based AI models enable banks to detect and prevent fraud in real-time, reducing risks and ensuring the security of transactions, as seen in the practices of banks such as HSBC.
- Digital banking powered by cloud technology offers improved customer experiences through mobile apps, AI chatbots, and personalized services, as exemplified by the State Bank of India's cloud-based services.
- Transitioning to cloud-native core banking systems enhances service deployment speed, scalability, and uptime, as demonstrated by Goldman Sachs' cloud-based transaction banking platform.
- Multi-cloud strategies, like those used by Wells Fargo with Microsoft Azure and Google Cloud, ensure business continuity and disaster recovery in the event of outages or cyberattacks, minimizing downtime and financial losses.
- Cloud-powered Open Banking APIs enable secure data exchange between financial institutions and third-party providers, fostering innovation, diversification of services, and improved customer access to financial products.
- Cloud computing propels the modernization of banking operations, facilitating enhanced security, efficiency, and innovation as financial institutions adapt to the evolving landscape.
- The future of cloud-driven financial services in banking will incorporate advanced technologies like AI, blockchain, and quantum computing to further revolutionize the industry and meet evolving customer demands.
Dev | 18 Apr, 2025
Stock Recommendations Today: Wipro, Adani Ports, Angel One, Bharti Airtel, IndiGo On Brokerages' Radar
- Wipro Ltd. faced negative brokerage commentary after issuing weaker-than-expected revenue guidance and highlighting client uncertainty due to global tariff concerns.
- Brokerages like Citi, BofA Securities, and Investec trimmed price targets and earnings estimates for Wipro, anticipating another challenging year for the tech major.
- Morgan Stanley adjusted targets for consumer discretionary names, supporting disruptors like Trent Ltd. and raising price targets for Interglobe Aviation Ltd. in the travel sector.
- Analysts shared their recommendations on various stocks, with Citi retaining a 'sell' rating on Wipro and BofA Securities expecting a growth catch-up in the future.
- Morgan Stanley analyzed companies like Vedant Fashions, Aditya Birla Fashion, Trent, and Brainbees Solutions within the consumer discretionary segment, favoring businesses with strong competitive advantages.
- Adani Ports received positive feedback from Morgan Stanley for its resilient business model and strategy to reduce Ebitda sensitivity to cargo volumes.
- Angel One was recommended as a 'buy' by Investec, with noted earnings growth weaknesses in the upcoming fiscal year.
- HSBC raised the price target on InterGlobe Aviation and noted strong trading trends in the travel and hospitality sector.
- Bharti Airtel was highlighted by Bernstein as a top pick in the telecom sector, supported by strong defensive attributes and ongoing deleveraging.
- UBS shared insights on the Mirabegron litigation outcome, indicating potential challenges for Zydus and Lupin in the pharmaceutical space.
Bloomberg Quint | 17 Apr, 2025
On the path towards a quantum economy
- HSBC, NQCC, Rigetti, and the Quantum Software Lab collaborated on investigating quantum computing for fraud detection in financial transactions.
- NQCC's priority is to help organizations understand the value of quantum computing for performance improvement.
- Feasibility studies supported by NQCC allow companies to explore quantum computing's impact in specific use cases.
- HSBC explored quantum technologies for detecting fraud as it affects a significant percentage of criminal offenses in the UK.
- The aviation industry project focused on optimizing cargo loading for fuel efficiency and emission reduction.
- Hybrid quantum-classical solutions were used to enhance optimization in loading cargo containers and fraud detection.
- Quantum simulators running on classical computers showed potential for fraud detection despite limitations.
- Results led to the development of roadmap for ongoing quantum computing work with a focus on data security protocols.
- NQCC supported collaborations and networking opportunities for stakeholders to explore quantum computing applications.
- The project outcomes emphasized the importance of forming constraints for quantum algorithms and understanding real-world requirements.
Physicsworld | 16 Apr, 2025
Stock Recommendations Today: IndusInd Bank, ICICI Prudential Life, ICICI Lombard On Brokerages' Radar
- IndusInd Bank, ICICI Prudential Life, and ICICI Lombard were under the spotlight for brokerages on Wednesday.
- BofA predicts headline inflation to average 4.1% in FY 2026 after two consecutive months of sub-4% inflation.
- HSBC expects mid-single-digit CAGR growth for the IT sector in USD terms over the medium term.
- Morgan Stanley maintains 'equal weight' on IndusInd Bank with a target price of Rs 755, awaiting audit report findings.
- Macquarie maintains 'Outperform' on IndusInd Bank, citing a positive outlook with limited derivative discrepancy impact.
- Citi maintains 'Buy' on IndusInd Bank, stating the impact of derivative discrepancy is less severe than expected.
- Brokerages have mixed views on ICICI Prudential Life, with Macquarie maintaining a 'Neutral' rating and Morgan Stanley reducing target price.
- For ICICI Lombard, Macquarie holds 'Outperform' while Citi maintains 'Sell' with raised target price due to weak Q4 performance.
- HSBC foresees mid-single-digit revenue CAGR in USD terms for the IT sector over the medium term.
- BofA analyzes the consumer sector, emphasizing the importance of de-averaging FMCG valuations based on business growth and global sectoral trends.
Bloomberg Quint | 16 Apr, 2025
HSBC and Co-op Bank cut mortgage rates as Halifax and Lloyds ease rules
- UK lenders are engaging in a mortgage price war, with HSBC and the Co-operative Bank cutting mortgage rates.
- Halifax and Lloyds Bank are easing their affordability rules to allow homebuyers to borrow more.
- The availability of low-deposit mortgages allowing borrowers to borrow up to 95% of a property's value is at a 17-year high.
- The changes in rates and affordability rules are aimed at improving options for first-time buyers, home movers, and those looking to remortgage.
Guardian | 15 Apr, 2025
Stock Recommendations Today: IndiGo, Ajanta Pharma, NTPC On Brokerages' Radar
- Motilal Oswal upgraded IndiGo with a higher target of Rs 6,550, while Jefferies initiated coverage on Ajanta Pharma and maintained a positive outlook on NTPC.
- Brokerage firms issued fresh stock calls on IndiGo, Ajanta Pharma, and NTPC, reflecting key market insights.
- Jefferies expects more banks to announce deposit rate cuts following HDFC Bank and SBI.
- Goldman Sachs upgraded its year-end gold price forecast to $3,700, citing a hedge against rising recession risk.
- Investec raised the target price for Home First Finance and highlighted its competitive strength post-capital raise.
- Citi's global equity strategy includes upgrades for Japan and the UK, downgrade for the US, and preference for tech and financial sectors.
- Nomura, HSBC, and Macquarie provided insights on stocks like Cipla, PI Industries, NTPC, HDFC Bank, and L&T.
- UBS expects gold to rally to $3,500 this year as a safe haven amid geopolitical and economic uncertainty.
- Morgan Stanley lowered its GDP growth estimate for financial year 2026 but remains positive on Indian equity outperformance.
- Citi maintains a Buy rating on Vodafone Idea, anticipating a fundraise catalyst and an upgrade in credit rating.
Bloomberg Quint | 15 Apr, 2025
More rate cuts expected in 2nd half
- Analysts expect more rate cuts from the Bangko Sentral ng Pilipinas (BSP) in the second half of the year, with further easing of monetary conditions.
- BSP Governor hinted at additional rate reductions in 'baby steps,' not necessarily at every policy meeting, aiming to reach a less restrictive benchmark rate.
- Metrobank projects one more 25-bp rate cut by year-end, considering weak economic growth and potential for an additional reduction.
- HSBC Global Research economist foresees two more rate cuts in August and December, aiming to reach a key rate of 5% by the end of 2025.
- ANZ Research expects rate cuts in the third and fourth quarters, foreseeing the policy rate to reach 5% by 2025.
- Nomura Global Markets Research anticipates a total of 75 bps worth of rate cuts this year, with a possibility of further cuts if inflation stays low.
- Easing inflation outlook is a key factor driving the expectation for more rate cuts, with analysts predicting headline inflation to settle at 3% this year.
- BSP revised inflation forecasts downward, considering potential adjustments to its inflation targets that may be reviewed and lowered.
- Risks of imported inflation due to global trade uncertainties and the impact of US reciprocal tariffs provide rationale for further monetary easing.
- Foreign exchange factors, tightening interest rate differentials with the US Federal Reserve, and market volatility may influence the pace of rate cuts by the BSP.
- The BSP's recent reserve requirement cut and policy easing initiatives aim to create a more accommodative environment for boosting private consumption and investment.
Bworldonline | 14 Apr, 2025
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HSBC Group Subsidiaries
HSBC Bank
4.0
• 634 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 3.9 out of 5 based on 5,000+ employee reviews on AmbitionBox. 75% employees rated HSBC Group 4 or above, while 25% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. 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. 25% employees rated HSBC Group 3 or below, while 75% 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, company culture and work life balance. However, it is poorly rated for promotions / appraisal, based on 5,000+ employee reviews on AmbitionBox.
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