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SBI Wants to Extend Its GIFT City Tax Holiday—Big League!

SBI Wants to Extend Its GIFT City Tax Holiday—Big League!

Folks, listen up! SBI wants to keep its tax holiday—10 years of pure gold—because next year, it’s all over! GIFT City, the place to be, has SBI booming with a $10 billion treasure chest! They’re building big, folks, HUGE! But no comments, just silence. I told you, this is a big deal, the best deal! Everyone’s talking about it!

Quick rundown

  1. SBI seeks tax holiday extension for GIFT City unit.
  2. The tax holiday for SBI's GIFT City unit ends next year.
  3. SBI's GIFT City balance sheet has grown to $10 billion.
  4. SBI has invested in a new building at GIFT City.
  5. SBI's foreign currency borrowing has surged recently.

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