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India
HSBC uses leverage to win $5.5 billion in India Forex deposits
IndiaWhat to know
- HSBC has offered leverage of as much as 19 times the deposit, compared with about nine times at Standard CharteredS1
- For the week ended July 31, foreign currency assets, a major component of the reserves, increased by $.75 billion to $564.68 billion, the central bank's data showed.S2
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HSBC uses leverage to win $5.5 billion in India Forex deposits
HSBC has offered leverage of as much as 19 times the deposit, compared with about nine times at Standard Chartered
3mos
Feedburner:ndtvprofit Latest
India's Forex Kitty Swells By $10.5 Billion To $692.87 Billion
For the week ended July 31, foreign currency assets, a major component of the reserves, increased by $.75 billion to $564.68 billion, the central bank's data showed.
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Published Aug 7, 2026
What to know
- HSBC has offered leverage of as much as 19 times the deposit, compared with about nine times at Standard CharteredS1
- For the week ended July 31, foreign currency assets, a major component of the reserves, increased by $.75 billion to $564.68 billion, the central bank's data showed.S2
Timeline · newest first
Sources · 2 citations
S1
Thehindubusinessline
1 report · EN
S2
Feedburner:ndtvprofit LatestLead
1 report · EN
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India