HSBC Bank India HSBC Bank India HSBC Bank India, is an Indian subsidiary of UK-based HSBC Holdings plc, is a bank with its operational head office in Mumbai. It is a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI). HSBC Technology India (HTI), previously called HSBC Global Technology (GLT), is part of HSBC Technology, the Bank's technology function. HTI is located in Pune, India, and Hyderabad, India, with the former being the headquarters. HSBC Technology India has been in existence for over 15 years, and currently supports majority of the software products
Reserve Bank of India, South Zonal Office Bank of India Act, 1934 (II of 1934). The bank began its operations by taking over from the government the functions so far being performed by the Controller of Currency and from the Imperial Bank of India, the management of government accounts and public debt. The Central Office of the Reserve Bank, where the governor sits and where policies are formulated, was initially established in Calcutta but was permanently moved to Mumbai in 1937. The existing currency offices at Calcutta, Bombay, Madras, Rangoon, Karachi, Lahore and Cawnpore (Kanpur) became branches of the Issue Department. Offices of the Banking Department were