Mon Oct 06 07:52:15 UTC 2025: Here’s a summary of the text and a rewritten news article based on it:
**Summary:**
HSBC India is expanding its premium banking services, targeting high net-worth individuals, by opening 20 new branches across India. The expansion, backed by licenses from the Reserve Bank of India, aims to capitalize on rising aspirations, global mobility, and increasing affluence in these regions. The bank emphasizes consistent, high-quality service across all branches, including its newly opened and relocated branch and corporate office in Hyderabad. The expansion is also expected to boost HSBC’s headcount in India, particularly within its global capability centre (GCC) in Hyderabad.
**News Article:**
**HSBC India to Sharpen Focus on High Net Worth Individuals, Expanding Reach to 20 New Cities**
**Hyderabad, October 6, 2025** – HSBC India is doubling down on its strategy to serve high net worth individuals, announcing the opening of 20 new branches across the country. Bolstered by recent licenses from the Reserve Bank of India, the expansion will extend HSBC’s premium banking services to cities ranging from Amritsar in the north to Thiruvananthapuram in the south.
The bank believes rising aspirations, increased global mobility, and the growing affluence of Indians are creating significant opportunities for its specialized services. According to Sandeep Batra, head-International Wealth and Premier Banking of HSBC India, the expansion reflects HSBC’s commitment to serving globally-minded companies and individuals.
“The bank has to do what it is able to do best… to serve companies and individuals who are globally minded,” Batra stated at the opening of HSBC’s relocated and expanded branch in Hitech City, Hyderabad.
HSBC aims to open four branches by December 2025 and another four by June 2026. In addition to Amritsar and Thiruvananthapuram, HSBC has secured licenses for branches in Bhopal, Bhubaneswar, Dehradun, Faridabad, Indore, Jalandhar, Kanpur, Ludhiana, Lucknow, Mysuru, Nagpur, Nashik, Navi Mumbai, Patna, Rajkot, Surat, Vadodara and Visakhapatnam.
The bank promises a consistent customer experience across its entire network. “So if you walk into this branch or my branch in Delhi or soon go to my new branch in Lucknow, you will get the same service, same global access. Even coffee will be the same…,” said Mr. Batra.
The expansion will also increase HSBC’s footprint in Hyderabad, with the relocation of its Hitech City branch to a larger, 5,600 sq ft space and the opening of a 12,000 sq ft corporate office in the same building as its global capability centre (GCC). HSBC’s headcount in India, currently at 45,000, is expected to grow as a result of the expansion.