India, Feb. 26 -- HSBC India on Wednesday reported an 11 per cent increase in profit before tax (PBT) at $1.9 billion (about Rs 17,000 crore) during 2025. The subsidiary of the UK-based HSBC Plc earned a profit before tax of $1.7 billion in the preceding year. India is the second-highest contributor in Asia to the group's profit after Hong Kong. During the year, the corporate and institutional banking segment, including cross-border transaction banking and capital markets, contributed the highest $1.5 billion to PBT of India.

"In India, we reported a profit before tax of $1.9 bn and continued to be the largest foreign bank. We are the leading bank for multinational companies, of which around 50 per cent bank with us," according to the an...