GIFT City and GIFT IFSC: insights and updates
HDFC Bank Drives Innovation with First Gold Forward Deal
Transforming Financial Services in IFSC overview HDFC Bank has executed its first gold forward deal from Gujarat International Finance Tec-City (GIFT City), becoming the first Indian lender to do so. The transaction was
Read insight →Regulatory Advancements And Market Innovations
TRANSFORMING GIFT IFSC OVERVIEW IFSCA & NSE IX Pioneering Innovations at GIFT IFSC: IFSCA Informal Guidance Scheme, 2024: Operational from January 1, 2025, this scheme enables stakeholders to seek clarifications on…
Read insight →Global Universities Find a Home in GIFT City: Shaping the Future of Education and Innovation
Key provisions Introduced in October 2022, the regulations permit foreign universities to establish branch campuses in GIFT City with relaxed regulatory conditions. Universities can repatriate funds in freely…
Read insight →Guidelines for Indian Residents Using Foreign Currency Accounts in GIFT City
OVERVIEW: The International Financial Services Centres Authority (IFSCA) issued a circular directing to all IFSC Banking Units (IBUs) concerning the operations of Foreign Currency Accounts (FCA) for Indian resident…
Read insight →Alphard Maritime to Launch $500 Million Shipping Fund in GIFT City
OVERVIEW: In a significant development for the Indian shipping industry, Alphard Maritime Group, a leading global player in the maritime sector, has unveiled plans to establish a $500 million shipping fund at Gujarat…
Read insight →GIFT IFSC Insights September 2024
GIFT-Insights\Sep-2024-4Download
Read insight →Infosys and Wipro to Establish Major Fintech Operations in GIFT City
OVERVIEW: India's financial sector is set to witness a significant transformation as two of its IT giants, Infosys and Wipro, are establishing fintech hubs in Gujarat International Finance Tec-City (GIFT City). Both…
Read insight →Trading and Settlement of Soverign Green Bonds in IFSC GIFT City
Trading and Settlement of Sovereign Green Bonds in IFSC GIFT City OVERVIEW: The International Financial Services Centres Authority (IFSCA) issued a circular on the trading and settlement of Sovereign Green Bonds (SGrBs)
Read insight →Standard Chartered Executes First Gold Hedge Deal in GIFT City
OVERVIEW: Standard Chartered Bank has made a significant move by completing its first over-the-counter (OTC) derivative deal to hedge gold prices from GIFT City. This deal is a major step forward for India's financial…
Read insight →ASK Wealth Advisors Launches India Opportunities Fund in GIFT City
OVERVIEW: ASK Private Wealth, part of the Blackstone-backed ASK Asset & Wealth Management Group, has launched the ASK Wealth Advisors (ASKWA) India Opportunities Fund in GIFT City. This open-ended Category III…
Read insight →Government Eases Rules for Direct listing of Indian Companies at GIFT IFSC
OVERVIEW: The Government of India has recently eased the listing requirements for Indian companies seeking to list on international exchanges within International Financial Service Centres (IFSCs). This move is part of…
Read insight →Global Finance Giants Open Branches and Invest in GIFT City
Global Financial Giants Open Branches and Invest in GIFT City OVERVIEW: GIFT City, India's first operational smart city and International Financial Services Center (IFSC), is rapidly emerging as a preferred destination…
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