HSBC is returning to brick-and-mortar banking in India by opening 20 new branches, eight years after reducing its presence. Approved by the RBI, this move aims to enhance its International Wealth and Premier Banking services for domestic and global clients. New branches will be established in cities including Dehradun, Faridabad, and Kanpur, signaling HSBC’s commitment to the Indian market and non-resident clients, according to Sandeep Batra. Meanwhile, HCL Tech marks its 25th anniversary since going public, rewarding early investors, while Union Mutual Fund launches the ‘Union Short Duration Fund’ for short-term investment strategies.

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