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HSBC reportedly plans return to India’s retail equity broking market

HSBC plans to re-enter India’s retail equity broking market, rebuilding its equities platform and hiring institutional broking executives. The bank is targeting affluent customers amid strong retail investor participation and an active IPO pipeline.

HSBC India has approval to open 20 branches, bringing its total to 46
Branches approved to open
20
Total branch count to be reached
46

Newer report on another story , , The Hindu BusinessLine : India manufacturing PMI reaches seven-month high in September as demand strengthens

Reported figures

From the report. Source details below

Exited India's retail brokerage and depository business in 2013
4% YoY increase in HSBC India net profit in H1 2026
Approval to open 20 branches
Total branch count to reach 46

Also in the report

  • More than a decade absence
  • Retail broking launch likely in coming months

The source

Source Read the source at Business Today

Published

Confirmed by The Hindu BusinessLine

First seen

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