Ctbc Bank
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Latest on Ctbc Bank
Taiwan's CTBC Bank Establishes First Indian Branch in GIFT City
CTBC Bank, a leading financial institution from Taiwan, has officially opened its first branch in India within the Gujarat International Finance Tec-City (GIFT City). This move marks a significant step for the bank's international expansion and reinforces GIFT City's growing appeal as a global financial hub.
Kotak Mahindra Bank Secures ₹5,000 Crore ($600M) Overseas Loan from HSBC, CTBC Bank
Kotak Mahindra Bank is set to raise $600 million (approximately ₹5,000 crore) through an overseas loan from HSBC and CTBC Bank. This strategic move aims to attract foreign currency into India, likely to support Foreign Currency Non-Resident (Bank) deposits, leveraging a special swap facility provided by the Reserve Bank of India.
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