HSBC Holdings Plc ranked first among arrangers for Indian offshore loans last year, toppling Japanese lenders from the top spot they’d held since 2020
HSBC Holdings Plc ranked first among arrangers for Indian offshore loans last year, toppling Japanese lenders from the top spot they’d held since 2020.
Data compiled Bloomberg show the British bank was the bookrunner on roughly $4 billion of US-currency transactions in 2023. Borrowing by billionaire Mukesh Ambani’s Reliance Group contributed to HSBC’s business. Reliance took out a total of $6.4 billion last year via multiple banks, according to the statistics.
www.bloomberg.com
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