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.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.