Gandhinagar: The International Financial Services Centres Authority (IFSCA) and NSE International Exchange (NSE IX) in association with 3one4 Capital, and Indian Venture and Alternate Capital Association (IVCA) organized a conference on May 10, 2024 in Bengaluru, focused on Direct Equity Listing for Indian Startups in the Gujarat International Finance Tec-City (GIFT IFSC). This event aligns with the objective of the Government of India to reshape the Indian capital market landscape and offers I...Read More

Gandhinagar: The International Financial Services Centre (IFSC) located in GIFT City will now be offering more financial services, as notified by the Union Government through a Gazette notification issued recently. Services such as bookkeeping, accounting, taxation, and financial crime compliance have been brought under the ambit of IFSC. According to the Gazette notification,"In exercise of the powers conferred by sub-clause (xiv) of clause (e) of sub-section (1) of section 3 of the Internat...Read More

Gandhinagar: Bank of India today inaugurated its IFSC Banking Unit (IBU) in the GIFT SEZ area in Gandhinagar. The International Financial Services Banking Unit was inaugurated by the Bank’s MD & CEO Mr. Rajneesh Karnatak in the presence of the Bank’s Executive Director Mr. Swarup Dasgupta and Executive Director of IFSCA – Mr. Pravin Trivedi. “With a rich heritage of 117 years, Bank of India looks forward to making a mark at IFSC GIFT City also. The BOI IBU has the twin advantage ...Read More

Gandhinagar: DBS Bank Ltd, a multinational banking and financial services corporation based in Singapore, has received approval from the International Financial Services Centre Authority (IFSCA) to establish an international banking unit (IBU) at GIFT City. This move is expected to attract more financial companies from Singapore to GIFT City, following the arrival of SGX Nifty. At its GIFT City IBU, DBS will offer various financial services such as trade finance, external credit borrowing (EC...Read More

Gandhinagar: As it aims to expand its operations at GIFT City, Bank of Baroda (Bank), announced that the Bank’s International Financial Services Centre Banking Unit (IFSCBU) in GIFT City has inaugurated its new premises today at Brigade International Financial Centre in GIFT IFSC, Gandhinagar. The Bank will set up International Treasury operations, a Centralised Trade Finance hub and Capital Markets business and scale up its Foreign Exchange and Derivatives Trading activities at GIFT IFSC.  ...Read More

Mumbai: IndusInd Bank today announced that its GIFT City IBU branch has entered into a USD 100 million long-term loan agreement with the Japan Bank for International Cooperation (JBIC). The funds thus raised, will be used by IndusInd Bank to foster the growth of Japanese construction equipment companies in India through need-based credit facilities to the upstream and downstream companies. Mizuho Bank Ltd. Japan, the Shizuoka Bank Ltd. Singapore and the Joyo Bank Ltd. Japan will also co-finance ...Read More

Gandhinagar: Morgan Stanley, a prominent global financial services company, has received in-principle approval from the IFSC Authority to establish an office at the International Financial Services Centre (IFSC) in GIFT City, Gandhinagar. The company is expected to begin operations at GIFT City within the next six months with a Category III alternative investment fund (AIF). This move makes Morgan Stanley the first global fund to establish a presence at the emerging financial hub of GIFT IFSC...Read More

ગાંધીનગર: વડાપ્રધાન શ્રી નરેન્દ્ર મોદીએ આજે ગુજરાત ઇન્ટરનેશનલ ફાઇનાન્સ ટેક- ગિફ્ટ સિટીની મુલાકાત દરમિયાન "IFSCA ટાવર", IFSCA ના મુખ્યાલયની ઇમારતનો શિલાન્યાસ કર્યો હતો. વડાપ્રધાનશ્રી એ ઈન્ડિયા ઈન�...Read More

ગાંધીનગર: વડાપ્રધાન શ્રી નરેન્દ્રભાઈ મોદીએ આજે ગિફ્ટ સિટી, ગાંધીનગર ખાતે ભારતના પ્રથમ આંતરરાષ્ટ્રીય નાણાકીય સેવા કેન્દ્ર (IFSC)ની મુલાકાત દરમિયાન ઇન્ટરનેશનલ ફાઈનાન્સિયલ સર્વિસીસ સેન્ટર્સ �...Read More