Archive · 12 Dec 2025
HSBC India Opens New Branch in Amritsar
HSBC India has opened a new branch in Amritsar, Punjab.
This is their 28th branch in India and is part of their plan to expand and support the growing number of wealthy people in the city.
Amritsar is becoming an important place for business and wealth.
The new branch will offer banking services to rich clients, including those who live outside India.
HSBC wants to be closer to their customers and help them with their financial goals.
They also plan to open more branches in other cities across India.
HSBC India opened its 28th branch in Amritsar, Punjab, on December 12.
The branch aims to serve High Net Worth (HNW), Ultra High Net Worth (UHNW), and non-resident clients in the region.
Amritsar is identified as a growing wealth hub with a strategic location and evolving economic landscape.
HSBC plans to open additional branches in 18 other cities across India.
The bank has been present in India for over 170 years and offers a full spectrum of banking services.
- Who
- HSBC India
- What
- Opened a new branch in Amritsar
- When
- December 12
- Where
- Amritsar, Punjab, India
- Why
- To support wealth expansion and meet the financial needs of affluent clients
- Location
- Amritsar, Punjab, India
- Branch Number
- 28th in India
- Target Clients
- High Net Worth (HNW), Ultra High Net Worth (UHNW), and non-resident clients
- Services Offered
- International Wealth, Premier Banking, and Corporate and Institutional Banking
- Head of International Wealth and Premier Banking
- Sandeep Batra
- Upcoming Branches
- Bhopal, Bhubaneswar, Dehradun, Faridabad, Indore, Jalandhar, Kanpur, Ludhiana, Lucknow, Mysuru, Nagpur, Nashik, Navi Mumbai, Patna, Rajkot, Surat, Thiruvananthapuram, Vishakhapatnam
- Presence in India
- Over 170 years