HSBC has purchased at least $3B in Indian government bonds since July, funded by diaspora dollar deposits, as foreign investment in Indian debt

Indian banks have raised over seventy-two billion dollars through overseas borrowings. These funds were secured from non-resident Indians and other loan sources. Banks have been…

MUMBAI: HSBC has been in India since 1853 and has maintained the most consistent retail presence among global banks. Its Indian operations have doubled pre-tax profits in four…