HSBC To Shut Down Half Of Its Branches In India, 300 Jobs To Go

British banking major HSBC Holdings Plc plans to close 24 branches in India, a decision that will impact around 10 per cent of the company's retail customer base and lead to 300 jobs losses. HSBC employs over 33,000 people in the country. HSBC's decision to downsize its India operations comes after a strategic review of its retail banking and wealth management business, which showed customers are increasingly opting for digital bank...