PSBs now look to move out of Hong Kong on bleak prospects

Out of the eight public sector banks operating in Hong Kong, four have already closed or are at different stages of closing. Three others are contemplating the future of their operations post-Covid. It is likely that the State Bank of India (SBI) will be the only public sector bank remaining in Hong Kong along with HDFC Bank and ICICI Bank.

from Banking/Finance-Industry-Economic Times https://ift.tt/EmnUV20