83% of large Indian corporations now use at least one bank for cross-border trading and payments, up from 71% two years ago.

CRISIL report reveals that Indian companies are boosting their global presence for growth, with 83% of large Indian corporations now using at least one bank for cross-border trading and payments, up from 71% two years ago. This increased international focus is expected to drive revenue growth for both global and domestic banks providing cross-border support, as Indian banks' digital capabilities and competitive pricing attract more businesses.

August 13, 2024
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