Tag: deepesh varma

MUMBAI: Prem Watsa-backed Thomas Cook, the largest non-bank forex provider, is expected to double its student forex business given the surge in offshore enrolments. The travel firm is experiencing higher growth in smaller cities. "The student forex market is around $4 billion, and we expect it to double in the next three to four years," said Deepesh Varma, executive vice president at Thomas Cook.According to Varma, the business is growing at 160% of the pre-pandemic level, due to a sharp increase in students going abroad. Around eight lakh...