India, Feb 26 : HSBC India on Wednesday announced an 11% rise in profit before tax (PBT) to $1.9 billion (around Rs 17,000 crore) for the year 2025, up from $1.7 billion in 2024. The Indian subsidiary remains the second-largest profit contributor in Asia for the UK-based banking group, after Hong Kong.
The corporate and institutional banking segment, including cross border transaction banking and capital markets, was the top contributor, generating $1.5 billion of PBT for India.
“In India, we achieved a PBT of $1.9 billion and continue to be the largest foreign bank. We lead in servicing multinational companies, with nearly 50% banking with us,” the HSBC Plc annual report said.
During 2025, HSBC India launched the HSBC Innovation Bank with a $1 billion financing pool and introduced new digital offerings in payments and trade. The bank also expanded into four new cities focusing on wealth and international banking, remained the top wealth manager among foreign banks, and became the first bank to offer international wealth solutions in GIFT City.
The performance underscores HSBC India’s continued focus on corporate banking, digital transformation, and wealth management as key growth drivers.