HSBC is the abbreviated form of The Hongkong and Shanghai Banking Corporation Limited. The bank has a tradition of 150 years. It dates back to the establishment of the Mercantile Bank of India in Mumbai, in 1853. With its head office at Mumbai, the bank offers its clients with services such as credit cards, loans, accounts, insurance, wealth management, NRI services, business banking, and corporate and institutional banking. HSBC also provides ATM facilities all around the country. It owns several establishments in the field of stock markets, software, insurance field and much more.