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Macro Finance

Bank Assets in India Hub That Competes With Singapore Jump 60%

Bloomberg Markets·October 29, 2026·1 min read

Banking assets in India's international financial hub GIFT City have surged about 60% since June, a top official said, as growth in the nation's credit markets boosts the center competing with Singapore and Hong Kong for foreign capital. The official did not disclose absolute figures.

Read at Bloomberg Markets
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