US Banks to Lean on India Hubs After Trump Imposes Visa Fees

Bloomberg TechnologyMonday, September 22, 2025 at 2:19:55 PM
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US Banks to Lean on India Hubs After Trump Imposes Visa Fees
In a surprising turn of events, President Trump's decision to impose hefty fees on H-1B visa applications is pushing US banks to increasingly depend on their Indian support centers. This move could significantly impact the tech workforce in the US, as companies may find it more cost-effective to operate from India rather than navigating the new financial hurdles. It's a crucial moment that highlights the ongoing tension between immigration policies and the needs of the American economy.
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