HSBC set for debut in India land financing
Financial Express Mumbai|October 17, 2023
Entry into private debt space in non-real estate sectors also likely
- RAGHAVENDRA KAMATH
HSBC set for debut in India land financing

GLOBAL BANKING MAJOR HSBC is looking to get into funding real estate development in India through the FPI route. It might also enter the private debt space in other sectors as well, sources said.

"They are big in Asia in real estate private debt.They want to explore it in India," the source said.Currently, HSBC is evaluating three to four such deals in real estate and planning to sign at least one in this quarter.It wants to invest between 250-500 crore in each project.

An email sent to HSBC did not elicit any response.

The FPI route is more flexible in terms of land financing, pre-approval financing, stuck projects and others, which is not possible through banking channels currently, due to the Reserve Bank of India guidelines.

この蚘事は Financial Express Mumbai の October 17, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Financial Express Mumbai の October 17, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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