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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
![highly rated categories](https://static.ambitionbox.com/static/arrow_upward.png)
4% above
industry average
![highly rated categories](https://static.ambitionbox.com/static/helpful.png)
Highly rated for
Job security, Work-life balance, Company culture
![highly rated categories](https://static.ambitionbox.com/static/dislike.png)
Critically rated for
Promotions
Work Policy
![Hybrid](https://static.ambitionbox.com/static/icons/forms/suitcase.png)
Hybrid
86% employees reported
![Monday to Friday](https://static.ambitionbox.com/static/calender.png)
Monday to Friday
84% employees reported
![Flexible timing](https://static.ambitionbox.com/static/clock.png)
Flexible timing
65% employees reported
![No travel](https://static.ambitionbox.com/static/travel.png)
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
604
2
220
1
300
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 516 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 37.8k reviews | 3.8/5 based on 25.1k 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 86% employees reported | Work from office 92% employees reported | Work from office 80% employees reported | Hybrid 74% employees reported |
Rating by Women Employees | 3.9 Good rated by 1.5k women | 3.9 Good rated by 10k women | 3.6 Good rated by 5.4k women | 3.7 Good rated by 1.4k women |
Rating by Men Employees | 4.0 Good rated by 2.8k men | 4.0 Good rated by 26k men | 3.8 Good rated by 18.6k 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
(1.7k salaries)
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₹7.2 L/yr - ₹26 L/yr
Assistant Vice President
(1.5k 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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₹10.5 L/yr - ₹19 L/yr
Consultant Specialist
(1.1k salaries)
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₹10 L/yr - ₹35 L/yr
Senior Analyst
(988 salaries)
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₹5.5 L/yr - ₹22 L/yr
Customer Service Executive
(915 salaries)
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₹1.5 L/yr - ₹6.8 L/yr
Senior Consultant Specialist
(657 salaries)
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₹14 L/yr - ₹46.2 L/yr
Associate Vice President
(617 salaries)
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₹11 L/yr - ₹45 L/yr
AVP
(487 salaries)
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₹14 L/yr - ₹45 L/yr
HSBC Group Interview Questions
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Top HSBC Group interview questions and answers
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HSBC Group Jobs
HSBC Group News
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HSBC Picks 'India Five' As Standouts In Otherwise 'Struggling' Equities
- Amid slowing growth, struggling equities, and increasing downside risks, HSBC has identified five top stocks in the Indian market.
- The recent sell-off is seen as a good opportunity for investors by HSBC.
- Global funds are cautious due to slow growth, elevated US bond yields, and forex pressures.
- The consumption-oriented proposals in the recent budget may not be sufficient to improve market sentiment.
Bloomberg Quint | 10 Feb, 2025
![HSBC Picks 'India Five' As Standouts In Otherwise 'Struggling' Equities](https://media.assettype.com/bloombergquint%2F2025-02-10%2Fivx48mb6%2FIMG5526.jpeg?w=1200&auto=format%2Ccompress&ogImage=true)
Stock Recommendations Today: LIC, Mahindra & Mahindra, Mazagon Dock, Ola Electric On Brokerages' Radar
- Life Insurance Corp. of India, Mahindra & Mahindra Ltd., Mazagon Dock Shipbuilders Ltd. and Ola Electric Mobility Ltd. are among the top companies on brokerages' radar on Monday.
- Analysts have given their take on the RBI Monetary Policy Committee meet, which concluded on Friday. RBI’s growth forecasts align with the Ministry of Finance.
- Macquarie expects further cuts of 25-50bps. The key factor will be how much loan and deposit growth recovers from current levels of 11%.
- Nomura expects 75bps of further rate cuts and increased liquidity easing. The RBI has adopted a more relaxed exchange rate approach, intervening mainly to manage volatility, the brokerage said.
- In terms of stocks, Macquarie maintained an 'outperform' rating on M&M and raised the target price to Rs 3,643 from Rs 3,511.
- Nomura maintained a 'buy' rating on M&M, raising the target price to Rs 3,681 from Rs 3,664.
- The company exceeded revenue expectations in third quarter, as the impact of post-festive discounts was lower. Management focused on improving service network coverage and product quality, although GS lowered estimates by 2-5% to account for lower ASP growth.
- Nomura initiated coverage with a 'buy' rating and a target price of Rs 750.
- Goldman Sachs Maintained a 'neutral' rating on Delhivery and lowers the target price to Rs 370 from Rs 400 per share
- HSBC highlighted five of its equity analysts' best ideas, focusing on companies that are well-positioned to perform despite the broader slowdown in growth.
Bloomberg Quint | 10 Feb, 2025
![Stock Recommendations Today: LIC, Mahindra & Mahindra, Mazagon Dock, Ola Electric On Brokerages' Radar](https://media.assettype.com/bloombergquint%2F2022-07%2F72339939-707a-4266-90da-223bd0039237%2FA_stock_broker_trading_online_while_accepting_orders_by_phone___Source_freepik_.jpg?rect=0%2C0%2C5996%2C3148&w=1200&auto=format%2Ccompress&ogImage=true)
An existential risk: can BP avoid becoming a prime takeover target?
- BP's falling value could make it an existential risk for the company, as it is now priced less than the sum of its parts, making it a prime takeover target for a company with deep pockets. The oil major has lost almost a quarter of its value in the past two years, despite rivals in Europe and the US growing in size and, in some cases, reporting record profits.
- The company has cut thousands of jobs from its global workforce to save billions in costs to appease investors after losing favour due to its plan to slash its oil and gas production in favour of green energy projects.
- BP's new strategy to tackle the company’s falling value, hefty debts and the market's scepticism of its green energy aspirations is expected to be presented by Murray Auchincloss at the company's capital markets day in London.
- While equity analysts believe that BP will confirm plans to discard an aim to reduce oil and gas production by the end of the decade, the company is also expected to scale back on spending on renewable energy.
- Giacomo Romeo says the company would need to divest some assets, including US onshore windfarms, retail fuel stations in the Netherlands, or its minority stake in the UK solar company Lightsource BP.
- Any plans to relaunch the company’s oil and gas production could be too little, too late if its new fossil fuel volumes come onstream only in the 2030s, when many expect oil consumption to have peaked.
- HSBC's head of European oil and gas research, Kim Fustier believes that a “holistic shift” in strategy is required by BP as it has a 'narrow window' to come up with a positive narrative and gain investor confidence for the company.
Guardian | 9 Feb, 2025
Will the bonus bubbly still flow as reality bites for British banks?
- Britain's biggest lenders are expected to face a mixed earnings season, affecting potential bonuses.
- NatWest to report a slight drop in annual pre-tax profits, but government's stake is diminishing.
- HSBC to unveil major restructuring plan, including job cuts and shutdown of investment banking operations.
- Lloyds and Barclays face compensation concerns over the motor finance commission scandal.
Guardian | 8 Feb, 2025
Foreign banks, brokerages see RBI cutting rates by another 25 basis points in April
- Some economists believe that the Reserve Bank of India (RBI) will cut rates by another 25 basis points in April.
- HSBC Global Research predicts an additional 25 basis points rate cut in April and expects further liquidity measures to support economic growth.
- Standard Chartered Bank expects a 25 basis points repo rate cut in April, but emphasizes that future rate reductions depend on the global interest rate outlook.
- Other economists from Goldman Sachs, Morgan Stanley Research, and DBS Bank also express similar views of a 25 bps rate cut in April and the possibility of a longer easing cycle if growth recovery remains lackluster.
HinduBusinessLine | 8 Feb, 2025
40 Under 40 Data Scientists Awards 2025 – Meet the Winners
- The 40 Under 40 Data Scientists Award was presented during the annual three-day Machine Learning Developers Summit (MLDS) 2025
- 40 dynamic data scientists who are driving real impact in influential companies across different sectors such as Razorpay, HSBC, Bloomberg, Paytm and TATA AIG, were honoured
- Abhinav Vajapayee, Senior Manager at Razorpay, received an award for his data-driven solutions that helped boost ad revenue and cost efficiency for Swiggy and Vuclip
- Abhishek Kumar, VP at HSBC received an award for his work that focuses on data analysis and insights, earning multiple awards for innovation and business impact
- Akhil Makol, Principal Engineer at Natwest drives AI and analytics adoption by aligning data products with banking standards
- Anupam Tiwari, Data Science Manager at GoTo Company, contributed to GenAI, developing Sahabat AI, a suite of LLMs for Indonesian dialects
- Gaurav Mhatre, Director at Tiger Analytics, leads route-to-market analytics, pet food optimisation, and 5G network routing using cutting-edge AI algorithms
- Mehuli Mukherjee, VP at Wells Fargo, specialises in GenAI, LLMs, and NLP. She is developing an Indian Sign Language recognition system while mentoring in AI and advocating for social impact
- Namita Khurana, Data Scientist Associate Director at Accenture, has developed patented solutions, including AI-driven conversational tools for strategy optimization and decision-making
- Puspanjali Sarma, Senior Manager at ServiceNow, is an AI and data science expert specialising in AI product management, NLP, and predictive analytics
Analyticsindiamag | 7 Feb, 2025
![40 Under 40 Data Scientists Awards 2025 – Meet the Winners](https://analyticsindiamag.com/wp-content/uploads/2025/02/Group-Photo-scaled.jpg)
Stock Market Live: Gift Nifty Trades Above 23,700 Ahead Of RBI MPC Meet
- The futures contract based on the benchmark Nifty 50 rose 0.23% or 55 points at 23,722.50 as of 7:30 a.m., indicating a likely higher start at market open.
- HSBC maintains a Buy rating on Bharti Airtel and expects mobile average revenue per user (ARPU) to reach Rs 301 by FY27, forecasting positive performance due to margin expansion and improving invested capital turnover.
- JSW Energy's subsidiary, JSW Neo Energy, has signed a power purchase agreement with Amazon to supply 180 MW of wind power.
- Solar Industries (India) Ltd. subsidiary, Economic Explosives, has signed a contract worth Rs 6,084 crore with the Ministry of Defence to supply defence products and has been nominated as the production agency for all variations of the Pinaka Rocket System by the Defence Research and Development Organisation.
Bloomberg Quint | 7 Feb, 2025
![Stock Market Live: Gift Nifty Trades Above 23,700 Ahead Of RBI MPC Meet](https://media.assettype.com/bloombergquint%2F2023-12%2F146c02d3-d74b-45e5-9812-bc56a4db188b%2FTill_up_Exterior_front_view_of_NSE_signage__logo_at_office_building_in_BKC__Bandra_Kurla_Complex___S.jpeg?w=1200&auto=format%2Ccompress&ogImage=true)
HSBC considering boosting new CEO’s pay package to £15m
- The new chief executive of HSBC, Georges Elhedery, could potentially receive a pay package of over £15m, as the bank's remuneration committee tests investor reaction to an overhaul.
- The deal is being considered due to the UK's decision to remove the EU bonus cap, which limited payouts to two times the salary.
- If approved, the proposals would increase Elhedery's maximum pay package by nearly 43%, from around £10.5m to over £15m.
- HSBC follows a similar trend set by Barclays in offering a lower salary and larger bonus package for its chief executive in response to the bonus cap removal.
Guardian | 7 Feb, 2025
Inflation steady at 2.9% in January
- Philippine headline inflation remained steady at 2.9% in January as decreasing utility costs helped balance an increase in food prices, according to the Philippine Statistics Authority
- The Bureau of Animal Industry recorded African Swine Fever in some 88 municipalities across 19 provinces, leading to an increase in prices of meat across the nation
- While food inflation accelerated to 4% from 3.5% in December and 3.3% in 2024, rice inflation contracted by 2.3% in January from a growth rate of 0.8% in December and 22.6% a year prior
- HSBC economist for ASEAN Aris D. Dacanay said the risks to the inflation outlook are tilted to the downside, citing rice tariff cuts as well as the implementation of a maximum suggested retail price for the staple
- Bank of the Philippine Islands Lead Economist Emilio S. Neri, Jr. said the possibility of a BSP rate cut on Feb. 13 has increased as inflation provides room for easing
- The central bank is expected to cut rates at its first policy review this year to help build support for domestic demand
- Data from the PSA showed inflation for the bottom 30% of income households eased to 2.4% in January from 2.5% a month prior and 3.6% in the previous year
- Philippine society and relevant agencies are focusing on addressing food inflation as it remains one of the government's major concerns
- The PSA has also confirmed it is set to change the base year of price indices to 2023 from 2018 starting January 2026
- The central bank began its easing cycle in August last year, bringing the benchmark to 5.75%
Bworldonline | 6 Feb, 2025
![Inflation steady at 2.9% in January](https://www.bworldonline.com/wp-content/uploads/2025/02/Tomatoes.jpg)
Indian telecom companies are the preferred ones in Asia, Airtel top pick: HSBC Global Research
- India, Thailand, and mainland China telecom companies have outperformed in the Asia region, while telcos in Indonesia and Taiwan underperformed, according to a report by HSBC Global Research.
- Among Indian telcos, Bharti Airtel and Vodafone Idea (Vi) are leading in terms of consolidated service revenue growth and EBITDA growth estimates for 2025.
- HSBC predicts that India's average revenue per user (ARPU) will continue to grow, driven by tariff hikes, subscriber migration to 4G, and adoption of bigger data plans. It also expects robust growth in the home broadband segment.
- Bharti Airtel is the top pick for HSBC, as it is well positioned for improved return on investment capital, anticipates improved deleveraging, and expects a significant increase in dividends in the next three years.
HinduBusinessLine | 5 Feb, 2025
![Indian telecom companies are the preferred ones in Asia, Airtel top pick: HSBC Global Research](https://bl-i.thgim.com/public/incoming/lh63im/article69183255.ece/alternates/LANDSCAPE_1200/IMG_Getty_Images_-_Telec_2_1_4HD1OPN7.jpg)
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HSBC Group Subsidiaries
HSBC Bank
4.0
• 614 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 4,600+ 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 4,600+ employee reviews on AmbitionBox.
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