HSBC, ICICI Bank Lead GIFT City Lending Drive As Lenders Attract Record NRI Forex Deposits
One daysingle sourceOne outlet reported this, once - no second voice in this corpus.
All 1 reports on Wed, 16 September 2026
What it is about
Gujarat International Finance TecHsbc HoldingsBloombergInternational Financial Services Centres AuthorityHong KongBaroda, Gujarat, IndiaSingaporeCanara, Karnataka, IndiaIndia
Who published it, and when
How it spread - 1 original report
Wed, 16 September 2026
1 report- freepressjournal.in07:19first to report
HSBC and ICICI Bank emerged as the biggest lenders under the RBI’s foreign-currency deposit swap programme in GIFT City, disbursing $19.3 billion. The initiative attracted record overseas Indian deposits, boosted banking activity and strengthened GIFT City’s position as an international financial hub. Regulators expect further growth in wealth management services