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The profits of HSBC India have shown a broadly
increasing trend. At 14.5 per cent (as on March 31,
2004), the capital adequacy ratio of HSBC was one of
the highest in the Indian Banking Industry.
The three largest foreign banks accounted for about
65 per cent of the total assets of all foreign banks in
India as of March 2003. With a market share of 18 per
cent (among foreign banks), HSBC is the third largest
foreign bank in India.
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