GIFT City members and their clients will be able to access institutional-grade USD bonds via BondbloX Exchange.
February 28, 2023The budget includes a revamp of India's credit guarantee scheme for MSMEs and new incentives to draw companies to GIFT City.
February 6, 2023The framework is designed to promote the consistency, comparability, and reliability of disclosures from ESG funds operating in India's maiden international financial services centre.
January 31, 2023FPIs will be allowed to invest in mutual fund schemes except those categorised as "thematic", purportedly to prevent higher volatility for entire sectors.
January 12, 2023To date, resistant entities in India have not been permitted to hedge their gold price exposures in overseas markets.
December 13, 2022An expert committee set up by the IFSCA in 2020 has proposed a legal framework for introducing the VCC structure for funds operating in GIFT City.
December 9, 2022Indian banks, through their overseas operations, are now allowed to undertake activities that would not be permitted in the domestic market.
December 6, 2022The trading link enables orders from SGX members to be routed to NSE IFSC for trading and execution. To date, 14 SGX clearing members have been onboarded.
December 2, 2022The IFSCA said all senior managers are responsible for compliance with the new guidelines, which also apply to financial groups of regulated entities.
November 8, 2022Individual investors as well as commercial participants like importers, banks, refiners, and jewellery manufacturers can participate.
October 27, 2022