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

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, signaling the financial hub’s growing role in channeling global capital into the country.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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