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Sunday, December 22, 2024 | 08:07 PM ISTEN Hindi

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Is the foreign banking landscape changing in India?

The Indian market offers limitless possibilities. International banks are aware of this but not many seem willing to explore it

banks, loans, bank regulations, fintech
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Illustration: Ajay Mohanty

Tamal Bandyopadhyay
In April, HSBC announced former captain of the Indian cricket team, Virat Kohli, as its brand influencer for its India operations. A month later, HSBC India’s CEO Hitendra Dave was seen sharing the stage with Shah Rukh Khan and his wife at the launch of Gauri Khan’s coffee table book, My Life in Design, at the Chambers at Taj Lands End. The bank co-sponsored the event.

HSBC India seems to be going all out to grab the space that Citibank NA in India has vacated after exiting retail banking, selling the franchise to Axis Bank Ltd.

A Reuters report last
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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