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ANZ aims to open operation at India s GIFT special economic zone

The multinational bank has applied to the International Financial Services Centres Authority for a license, said the people, who asked not to be identified as the information is private. Approval may be granted in the next few months following a due diligence process, they said.

Hong kongRepublic ofUnited arab emiratesShayne elliottNarendra modiInternational financial services centres authorityInternational financial services centresInternational financial services centreGroup holdings ltdGujarat international finance tecFinancial services centreGujarat international finance tec cityPrime minister narendra modiGift special economic zone

Igniting The Lost Charm P Note Issuing Banks Get More Time To Commence Business In GIFT - BW Businessworld

FM Sitharaman had made way for the controversial derivative instruments to re-enter India s stock market in Budget 2023. In Budget 2024, she extended the timeline for banks to set-up an arm to issue P-Notes up to March 2025. It is a gimmick to make GIFT City popular among foreign investors and make them avoid using tax havens like Singapore and Mauritius to invest in India. At its peak, P-Notes accounted for nearly rs 4 lakh crore ($40 Billion) worth investments in India, , Interim Budget 2024-25, p-notes

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RBI allows TRQ holders to make advance payment for gold import via Gift city

RBI allows TRQ holders to make advance payment for gold import via Gift city
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Gujarat: GIFT City s IFSC Expands Global Horizons With New Financial Services Offerings

Gujarat: GIFT City s IFSC Expands Global Horizons With New Financial Services Offerings
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GIFT City can become a global financial destination, says K Rajaraman, head of top regulatory body IFSCA

Further policy reforms will enable Indian businesses located overseas to relocate to GIFT City, says K. Rajaraman, Chairperson of regulator IFSCA - Issue Date: Feb 04, 2024

New yorkUnited statesUnited arab emiratesViksit bharatChairperson of international financial services centres authorityTelecom secretaryBusiness todayGift cityInternational financial centreInternational financial services centresGujarat governmentGovernment of indiaGift city in gujaratPm modiIndian financial marketsGlobal financial markets