Banks gear up to pursue forex opportunities in India
NEWS
Over the past year, Standard Chartered increased its FX sales and trading head count by 30% onshore. Sundeep Bhandari, Mumbai-based head of global markets, India and South Asia, said this was in response to the rapid overseas expansion of Indian companies, rising cross-border trade volumes and the emergence of new trade corridors. He said the bank will continue to make further hires as its presence deepens in the market.
HSBC plans to increase its corporate coverage in the country with hires in
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