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HSBC, ICICI Propel India Finance Hub With FX Loans for Diaspora

Macro·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

HSBC Holdings Plc and ICICI Bank Ltd. in GIFT City have emerged as the biggest lenders to India’s vast diaspora under a special foreign-exchange swap program. This development signals the financial hub’s growing role in channeling global capital into the country.

HSBCICICI

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