Industry Newswealth managementcross border investinggift city
GIFT City Enables Indian Investors' Global Diversification
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At the Mint Money Festival, Sandeep Batra of HSBC India said GIFT City now allows Indian investors to open multi-currency accounts and access outbound funds to the US, Nasdaq and emerging markets. Retail minimums have fallen to about $5,000 and GIFT City structures help bypass mutual fund constraints, expanding insurance and wholesale banking use cases. The development offers a regulated route for offshore diversification.
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