IFSC Authority permits Foreign Portfolio Investors to issue derivative instruments with Indian securities

May 04, 2024

The International Financial Services Centre (IFSC) Authority has granted permission to IFSC Banking Units, registered with SEBI as Foreign Portfolio Investors (FPIs), to issue...

Bank of Maharashtra gets the regulator's nod for Gift City Branch

Feb 17, 2025

Mumbai (Maharashtra) [India], February 17: Bank of Maharashtra, a premier public sector bank in India, announced today that it has received approval from Reserve...

GIFT City's IFSC banking assets surge over 7x in five years, cross USD 106 billion

Mar 30, 2026

Banking assets at GIFT City's International Financial Services Centre (IFSC) have crossed USD 106.7 billion as of February 2026, marking a more than seven-fold...

IDFC FIRST Bank Successfully Accesses International Debt Capital Markets with Maiden US$500 Million Bond Issuance

Aug 19, 2026

Mumbai (Maharashtra) [India], August 19: IDFC FIRST Bank Limited, acting through its IFSC Banking Unit at GIFT City, announced the successful pricing and allocation...

GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday Kotak

Sep 03, 2026

GIFT IFSC is emerging as a growing international financial centre, with its banking units playing a significant role in channelling foreign-currency deposits into financing,...

GIFT IFSC strengthens role as international banking hub, sees bigger role in Viksit Bharat funding

Sep 05, 2026

GIFT IFSC is strengthening its role as an international financial and banking centre, with its ability to mobilise overseas capital expected to become increasingly...