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Privatisation, FPI investment in REITs, InvITs: How Budget 2021 will impact financial services sector


Privatisation, FPI investment in REITs, InvITs: How Budget 2021 will impact financial services sector
By Sunil Gidwani
Several major changes and announcements made in the Budget proposals were actually anticipated and in fact widely expected by the financial service sector which has been severely impacted and has been under stress during last few years. Major announcements relate to Banking sector, insurance sector, IFSC and asset monetizing vehicles and investing institutions like REITS, InVITs and Infra funds.
One clear favourite is the IFSC. Several pathbreaking and speedy changes to framework for IFSC in the GIFT city in Gandhinagar in the last two years have already improved IFSC s rankings among global fund jurisdictions. Several sweeping changes are now proposed by the Finance minister to provide a major thrust to the IFSC. ....

Sunil Gidwani , Sovereign Wealth , சுனில் கித்வனி , இறையாண்மை செல்வம் ,