HSBC is considering focusing on its corporate loan book in order to grow its business. However, it expects a flat growth in its consumer loan book, which had shrunk by 8 per cent last year. The bank will lend more in the unsecured loans segment, amid improvement in the economic scenario and Credit Information Bureau (India) starting its retail database, said Ms Naina Lal Kidwai, the Group General Manager and Country Head, HSBC India.
The bank has also received licences from the RBI for three bank branches. It will set up branches in Guwahati, Surat and Nashik. The group is also open to increasing its stake in the life insurance joint venture, Canara HSBC Life Insurance.
The bank has also received licences from the RBI for three bank branches. It will set up branches in Guwahati, Surat and Nashik. The group is also open to increasing its stake in the life insurance joint venture, Canara HSBC Life Insurance.
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