Gandhinagar: The Hongkong and Shanghai Banking Corporation Limited (HSBC), one of the world’s largest financial services organizations has got in-principle approval from the GIFT SEZ Authority to set up an IFSC Banking Unit (IBU) at GIFT City, subject to other Regulatory approvals. The proposed commencement of the IBU by HSBC, marks a significant development in India’s IFSC business and proves GIFT’s mettle as a globally competitive international financial centre that is at par with other ...Read More