News | HSBC India Posts 17% Profit Growth in H1 2025, Driven by Corporate Banking Surge

HSBC India Posts 17% Profit Growth in H1 2025, Driven by Corporate Banking Surge

News

31 July 2025

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HSBC India delivered a strong performance in the first half of 2025, reporting a profit before tax (PBT) of US $931 million, up 16.7% compared to the same period last year. The bank had earned US $798 million in H1 2024 . This places India as the third‑largest global profit contributor for HSBC, behind only Hong Kong and the UK, overtaking China and Canada .

This impressive growth was largely propelled by the corporate and institutional banking division, HSBC India’s largest vertical, along with robust support from its corporate centre, which provides global support services . Wholesale loan growth rose by approximately 11%, while wealth and premier banking profits increased by around 21%.

Globally, HSBC Group reported a pre-tax profit of US $15.8 billion for H1 2025—a decline of over 26% from the prior year, primarily due to impairments related to its stake in Bank of Communications and exposure to Hong Kong real estate Despite this, the Corporate and Institutional Banking business—HSBC India’s strength—rose by 4% to US $6.4 billion in pre-tax profit, making it the only segment to grow year-on-year among HSBC’s four core divisions .

Group CEO Georges Elhedery emphasized the bank's ongoing transformation efforts, noting, “In the first half, we continued to execute our strategy with discipline and each of our four businesses sustained momentum in their earnings, with each growing revenue. This gives us confidence in our ability to deliver our targets,”. HSBC also declared a second interim dividend of US $0.10 per share and initiated a share buyback program worth up to US $3 billion.

HSBC India’s rising profitability underscores the country’s strategic importance in HSBC’s global footprint. Continued growth in corporate lending, premier banking, and institutional services is expected to bolster its position even further, setting a strong outlook for the rest of the year.

Reference: Business Standard+1The Economic Times+1