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BUSINESSBloomberg Markets·3d ago

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

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AI TLDR · GEMINI
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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.

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