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StanChart picked as dollar trade settler
Mint Hyderabad
|February 28, 2025
Standard Chartered Plc has been picked as the bank for real-time settlement of all dollar-denominated trades in India's global financial centre, likely slated for end-June, according to people familiar with the matter.
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Banks having units in the Gujarat International Finance Tec-City (GIFT City) have been asked to set up trading accounts with the British bank, said the people, who asked not to be identified as discussions are private.
Dit verhaal komt uit de February 28, 2025-editie van Mint Hyderabad.
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