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    (Banking and Insurance) : (Nausheen Shaikh) (BMS) (Prof. Malcom)

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    Bharat Tailor
    This document contains an outline and table of contents for a paper on banking and insurance with 3 chapters and multiple sections. It also includes an introduction that provides a brief history of HSBC Group in India dating back to 1853 and its role in developing the Indian banking industry.

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    (Banking and Insurance) : (Nausheen Shaikh) (BMS) (Prof. Malcom)

    Uploaded by

    Bharat Tailor
    34 views5 pages
    This document contains an outline and table of contents for a paper on banking and insurance with 3 chapters and multiple sections. It also includes an introduction that provides a brief history of HSBC Group in India dating back to 1853 and its role in developing the Indian banking industry.

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    This document contains an outline and table of contents for a paper on banking and insurance with 3 chapters and multiple sections. It also includes an introduction that provides a brief history of HSBC Group in India dating back to 1853 and its role in developing the Indian banking industry.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    34 views5 pages

    (Banking and Insurance) : (Nausheen Shaikh) (BMS) (Prof. Malcom)

    Uploaded by

    Bharat Tailor
    This document contains an outline and table of contents for a paper on banking and insurance with 3 chapters and multiple sections. It also includes an introduction that provides a brief history of HSBC Group in India dating back to 1853 and its role in developing the Indian banking industry.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    [Banking And Insurance]

    by

    [Nausheen Shaikh] [BMS] [Prof. Malcom]

    TABLE OF CONTENTS CHAPTER 1 SECTION 1.1 SECTION 1.2 SECTION 1.3 CHAPTER 2 SECTION 2.1 SECTION 2.2 SECTION 2.3 CHAPTER 3 SECTION 3.1 SECTION 3.2 SECTION 3.3 # # # # # # # # # # # #

    ABOUT US

    The antecedents of the HSBC Group in India can be traced back to October 1853 when the Mercantile Bank of India, London and China was founded in Bombay (now Mumbai). Starting with an authorized capital of Rs 5 million, the Mercantile Bank soon opened offices in London, Madras(Chennai), Colombo and Kandy, followed by Calcutta(Kolkata), Singapore, Hong Kong, Canton(Guangzhou) and Shanghai by 1855. The following hundred years were in many ways propitious for the Mercantile Bank. In 1950 it moved into its new head office building in Mumbai at Flora Fountain. The acquisition in 1959 by The Hong Kong and Shanghai Banking Corporation Limited of the Mercantile Bank was a decisive factor in laying the foundation for today's HSBC Group. Founded in 1865 to serve the needs of the merchants of the China coast and finance the growing trade between China, Europe and the United States, HSBC has been an international bank from its earliest days. After the Mercantile Bank was acquired by The Hong Kong and Shanghai Banking Corporation, the Flora Fountain building became and remains to this day, the Head Office of the HSBC Group in India. Through the 1990s, HSBC has vigorously developed its role as one of the leading banking and financial services organizations in the world. Its strategy of 'managing for value' emphasizes the Group's unique balance of business and earnings between older, mature economies and faster-growing emerging markets. HSBC in India is proud to have retained the Group's pioneering streak by being an active partner in the development of the Indian banking industry - even giving India its first ATM way back in 1987. The organizations adaptability, resilience and commitment to its customers have further enabled it to survive through turbulent times and prosper through good times over the past 150 years

    BIBLIOGRAPHY

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