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Bank Assets in India Hub That Competes With Singapore Jump 60%
Source: Bloomberg
Banking & LiquidityEmerging MarketsCredit & Bond MarketsCompany Fundamentals
Banking assets in India’s GIFT City international financial hub have surged about 60% since June, according to a top official. The growth is linked to expansion in India’s credit markets as GIFT City competes with Singapore and Hong Kong to attract foreign capital.
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