HSBC Bank India that make up the Bank's technology eco-system. HTI is headed by Balasubramanian Ganesh, who is also global CIO for the Retail Banking and Wealth Management business, as well as Global Head of Application Development and Maintenance. Apart from India, HSBC Technology centers are present in China, Malaysia, Poland, and Canada. 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
NBFC & MFI in India 'Sound Monetary' system but no much appreciable success in realising social objectives of monetary policy of the country. In December 1982, Dr Manmohan Singh, Governor of RBI appointed committee under the Chairmanship of 'Prof. Sukhamoy Chakravarty' to review functioning of monetary system in India. Committee recommended assessment of links among the Banking Sector, the Non-Banking Financial Institutions and the Un-organised sector to evaluate various instruments of Monetary and Credit policy in terms of their impact on the Credit System and the Economy. Different types of NBFCs are as follows: An AFC is a company which is a financial institution carrying