Swiss investment bank UBS now has five offices in India, after opening in Hyderabad.
The facility will provide UBS businesses with additional capabilities in finance, operations and research.
The bank currently operates from two locations in Pune and two in Mumbai.
Harald Egger, group head corporate services and chairman of UBS India, commented: “UBS is in India for the long-term and has grown rapidly in the last five years with headcount increasing by 130% between 2018 and 2020.
“At the end of this year, we will have almost 6,800 employees in the country.”