Founded in 1953, HSBC India is a commercial banking institution headquartered in Mumbai, India. The bank operates as a subsidiary of HSBC Holdings and provides four core businesses including retail banking, wealth management, commercial banking, and global private banking and markets. Additionally, HSBC India provides services in the areas of mergers and acquisitions, privatization, market funding, equity research, and brokerage. The bank provides debt financing facilities such as loans, revolving credit lines, and debt refinancing to small and middle-market companies. The bank caters to industries such as energy infrastructure, construction and engineering, leisure facilities, electric utilities, consulting services, computers, parts and peripherals, personal products, and many others.