HSBC says it will shut down private banking business in India | business | Hindustan Times
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HSBC says it will shut down private banking business in India

HSBC Holdings Plc will shut its private banking business in India, a spokesperson said, marking the exit of another foreign bank from the cut-throat business in Asia’s third-largest economy.

business Updated: Nov 27, 2015 21:11 IST
HT Correspondents
People walk past the head office of HSBC bank in Mumbai.
People walk past the head office of HSBC bank in Mumbai. (Reuters)