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HSBC to exit India

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A world wide well known bank exit India. Doesn't sounds a shiny news for India.
Are you for real.. can you even read English.. or your very high IQ does not allow you to read.. it said only Private banking operations are getting closed... which anyways are non profitable due to their own stupid policies...
 
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the Chinese don't know the charges levied by foreign banks in India and are the cost of their overheads r quite high. Due to recession and stiff competiton,they r finding it very hard to make any profit. HSBC also have closed their operations in Brazil
 
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Wasn't HSBC related to black money and corrupt practices ???
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Very few international corporations have burnt their hand in India,one I remember was Peugot
 
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