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Modi's push for offshore financial hubs to rival Singapore spurs derivatives plans

Banks in India's international financial services centres will get to offer structured products

Published Fri, Nov 18, 2016 · 09:50 PM
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PRIME Minister Narendra Modi's dream of offshore financial hubs in India that will rival Singapore and Hong Kong is attracting interest from currency-derivative designers.

Commercial banks operating in India's international financial services centres - the first of which will be Gift City in the province of Gujarat that …

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