HSBC GCC in India: Locations & Company Profile

Company overview

Sector: Banking, Financial Services & Insurance
Sub-sector: Financial Services
Mandate (derived): Multi-Function / Full-Stack GCC
Parent headquarters: England, United Kingdom
Parent revenue (USD): $147,900,000,000
Parent headcount: 80,138
India headcount: 5,000+

GCC locations

Bengaluru
Pune
Mumbai

GCC notes

Core banking technology, payments innovation and digital transformation

Department mix

Global department counts, used as a proxy for the India mandate. These are not India team counts.

Finance: 17,562
Operations: 10,696
Engineering: 9,500
Business Development: 9,458
Support: 6,482
Consulting: 5,543
Sales: 4,523
Information Technology: 3,603
Human Resources: 2,987
Legal: 1,709
Marketing: 1,602
Accounting: 1,592
Data Science: 1,563
Product Management: 1,444
Media And Commmunication: 623
Administrative: 597
Arts And Design: 551
Education: 69
Entrepreneurship: 34

Technology stack

.GIS
.NET
24-7 Media
3M 360 Encompass - Health Analytics Suite
AC500 PLC
ACL
ADP Applicant Tracking System
AI
ALEX
AMP
ANGEL LMS
API Gateway
ASP.NET
AVEVA PDMS
AWS CloudFormation

Public leadership

Asis Panja

Senior Vice President, Head Governance and Regulatory Compliance, Global Trade Solutions

Public leadership listed in the dataset; the role is not necessarily the India GCC head.

Key roles

Software Engineers (Banking/Cloud); Data Scientists; Cybersecurity Analysts; Business Analysts; DevOps Engineers

Research overview

HSBC is one of the world's largest banking and financial services organisations, headquartered in London, offering corporate and institutional banking, wealth management, and international trade services to customers across dozens of markets worldwide.

India launch: 2002
Maturity: Multi-Function / Full-Stack GCC

The India centre spans core banking technology, cloud/DevOps engineering, data science, cybersecurity, and business analysis across three metro hubs, indicating a broad, multi-function captive rather than a single-purpose shared-services or R&D-only operation.

Timeline

2002
HSBC Technology India established, becoming the bank's technology captive centre in the country.
2026
HSBC leased roughly 2.04 lakh sq ft of additional office space at Avance Business Hub, Gachibowli-HITEC City, Hyderabad, for its India operations (lease commenced 1 July 2026).

Real estate

HSBC Technology India's largest India campus is in Pune, including its Business Bay office in Yerawada, alongside centres in Bengaluru and Hyderabad.

Hiring signal

Open roles: 183
As of: 2026-08-26

Assistant Vice President
Operations Manager
Corporate Development Manager

News and developments

HSBC leases over 2 lakh sq ft office space in Hyderabad at Rs 6.4 cr/month

HSBC Electronic Data Processing India Pvt Ltd leased ~2,03,755 sq ft across two floors at Avance Business Hub in Hyderabad's Gachibowli-HITEC City corridor, part of a broader GCC-driven leasing boom in India.

2026-07-09 Business Standard ↗

HSBC Innovation Banking launches in India

HSBC launched its Innovation Banking business in India with a $1 billion allocation of non-dilutive debt capital for startups, led by a newly appointed India team head.

2025-10-09 HSBC India Newsroom ↗

HSBC receives approval to open 20 new branches in India to support wealth expansion

HSBC India received regulatory approval to open 20 additional branches as part of its wealth and customer-growth expansion in the country.

2025-01-17 HSBC India Newsroom ↗

Sources

Sources and research notes

Source: Indian GCC 2026 Master Compendium, Company Master and research records. Sector, mandate and public leadership are derived fields. Missing values are shown as not disclosed. Revenue and global headcount describe the parent company, not the India centre.