HDFC Bank, Axis Bank, ICICI Bank to provide financial services for overseas procurement by MoD

[Bilgin]

HDFC Bank, Axis Bank, ICICI Bank to provide financial services for overseas procurement by MoD As per the ministry, the three private bank giants may be allocated with LC business of ₹2,000 crore each on the capital and revenue side, for a period of one year on a concurrent basis ( ₹666 crore for each bank under both capital as well as revenue).