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    Question

    How many new branches has HSBC India received RBI

    approval to open?
    A 10 branches Correct Answer Incorrect Answer
    B 15 branches Correct Answer Incorrect Answer
    C 20 branches Correct Answer Incorrect Answer
    D 25 branches Correct Answer Incorrect Answer
    E 30 branches Correct Answer Incorrect Answer

    Solution

    HSBC India has received approval from the Reserve Bank of India to open 20 new branches across India. This expansion will increase the bank’s branch network to 46 branches, after it had previously closed 24 branches in 2016 to focus on wealth management and online channels.

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