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HSBC Indian based collection team:- now doing deals?

HSBC India have a new set of case managers, over the last couple of months, which we have seen many a time in the past only for them to slip back into their old ways of non-decision making.

Recent cases seem to be indicating that they now have some remit to do deals, although they are asking for too much and unnecessary back-up information to allegedly validate clients financial statements which is delaying the process and not really achieving anything.

We will keep you posted as things develop.

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