HSBC, India

2025 begins with India's private sector growth slowing and services losing steam: HSBC flash PMI
The latest HSBC PMI data, compiled by S&P Global, showed that a stronger expansion in the manufacturing industry in India was more than offset by a loss of growth momentum in the service economy.Indian private sector companies started 2025 with a slowdown in growth.
India's services activity losing steam in 2025, HSBC Flash PMI drops to 57.9 in January
The HSBC Flash India Composite Output Index, a key measure of activity in the manufacturing and services sectors, slipped to 57.9 in January from 59.2 in December, marking the slowest pace of expansio
India's service sector growth slows in January, but manufacturing gains momentum: HSBC Flash PMI
The HSBC Flash India Composite Output Index, which tracks monthly changes in combined output from manufacturing and services, dropped from 59.2 in December to 57.9 in January, signalling the slowest expansion in 14 months.
Private sector activity slows to 13-month low of 57.9 in January: HSBC Flash PMI
India’s economy is likely to have performed better in the third quarter after growth slumped to a seven-quarter low of 5.4 percent in Q2
India’s private sector output drops to 14-month low in Jan
A stronger expansion in the manufacturing industry was more than offset by a loss of growth momentum in the service economy, HSBC India PMI Index shows
HSBC Flash India PMI: 2025 Begins With Private Sector Growth Slowing, Services Lose Steam
Falling from a final reading of 59.2 in December to 57.9 in January, the HSBC Flash India Composite Output Index indicated the weakest rate of expansion for 14 months.
India's Jan business growth at 14-month low due to weaker services demand, PMI shows
India's business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks in its world-beating economic growth at start of 2025 although firms hired new staff at a record pace.
HSBC to expand in India, bank to open 20 new branches in new locations over next five years
Post Covid, several marquee foreign banks with operations in India have put the brake on expansion, This is evident in the ...
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HSBC bolsters wealth capabilities in India
HSBC's enhanced wealth management in GIFT City meets the growing needs of premier and private banking clients.
RBI Allowes Hong Kong Based HSBC To Open 20 Branches Across India
HSBC India has received approval from the Reserve Bank of India (RBI) to open 20 new branches, marking the largest expansion ...
HSBC India gets RBI approval to open 20 new branches in 20 cities
HSBC India, the Indian arm of London-headquartered HSBC, said on Friday it had received approval from the Reserve Bank of ...
HSBC's payments app closure puts around 400 jobs at risk, source says
HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...
Arya.ag secures $30 million debt from HSBC India, backed by GuarantCo
Arya.ag secures $30 million debt from HSBC India backed by GuarantCo to provide post-harvest liquidity for farmers.
India's Quick Commerce Landscape to Transform with 5,000+ Dark Stores by FY26: Report
The quick commerce industry in India is entering a new phase of evolution, poised for significant growth while balancing ...
HSBC House in Kol marks 100 yrs with heritage walk
Kolkata: HSBC House in Kolkata's Dalhousie Square celebrated its centenary year on Friday, with bank executives and customers ...