Reuters: Money News: Exclusive - Foreign banks to give loans for dollar deposits

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Exclusive - Foreign banks to give loans for dollar deposits Sep 17th 2013, 01:01 SINGAPORE (Reuters) - Foreign banks are pushing to raise billions of dollars from expatriate Indians in response to New Delhi's drive to defend its weak currency, which could mean the government can avoid the need for a sovereign bond or state-backed deposit scheme to attract inflows.

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