India’s IFSC Authority to be headquartered in Gandhinagar
April 28, 2020
Gandhinagar: Government of India through a gazette notification announced that the International Financial Services Centres Authority will be headquartered in Gandhinagar, Gujarat.
Please find attached the gazette notification (pdf) for your reference.
Also appended below is quote of Tapan Ray, MD & Group CEO, GIFT City welcoming this development.
“We welcome Government of India’s decision to set up the IFSC Authority headquarters at Gandhinagar Gujarat. This will provide a single window regulatory institution which would accelerate the development of India’s first IFSC at GIFT City, Gandhinagar. Both national and international institutions dealing with international financial services would utilize the IFSC platform for inbound and outbound investments with improved ease of doing business, thereby making GIFT IFSC a global financial hub.”
Recent Stories
- PM Modi, HM Shah, BJP chief Patil, CM Patel to cast vote on 7th May in Gujarat
- Gandhinagar Police detain 10 on allegations of religious conversion
- Former MP Dinu Bogha Solanki acquitted in Amit Jethwa murder case
- Kanubhai Desai apologizes to the Koli community over his remarks
- Free AMTS bus ride during polling hours on 7th May
- Three held with 2 pistols and 10 live cartridges in Surat
- Voters eligible for paid leave on May 7; can complain on 1950 if not granted