HSBC Holdings Plc has purchased at least $3 billion of Indian government bonds since July, deploying a large pool of funds garnered under a special diaspora dollar deposit program, according to people familiar with the developments.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-25/hsbc-buys-at-least-3-billion-india-bonds-after-fx-deposit-boost)