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HSBC India's profit up 7% to $798 million

By Economic Times - 4 months ago
HSBC's Indian operations' profit rose by 4% year on year, driven by 7% growth in global banking and commercial banking divisions. With India as its fourth-largest profit center, the bank's total loan book saw a 17% increase, reflecting stronger wholesale and personal loan segments during the six months ending June 2024.

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