Ifsca
Latest news, explainers and analysis on Ifsca. Tracking 5 stories on Arth Vani.
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Latest on Ifsca
Nirmala Sitharaman Invites Global Investors to Leverage India’s Growth via GIFT City
Finance Minister Nirmala Sitharaman has called on global investors to participate in India's economic expansion through the GIFT IFSC in Gujarat. Highlighting the country's stable regulatory environment, she positioned the hub as a gateway for international capital into Indian infrastructure and technology sectors.
Aurum Advantage Plan Offers Multi-Currency Cover in GIFT City
The Aurum Advantage Plan has been introduced in GIFT City, India's international financial services hub, offering multi-currency cover. While the launch signifies an expansion of financial products in the IFSC, specific details about the plan's features and benefits are not yet available.
360 ONE WAM Gets Initial IFSCA Nod for Fund Management at GIFT City
Wealth management firm 360 ONE WAM Limited has received in-principle approval from the International Financial Services Centres Authority (IFSCA) to operate fund management services at GIFT City. This approval allows the company to establish and manage funds within India's first operational smart city and international financial services hub.
Standard Chartered to Launch Wealth Management Services in GIFT City Following IFSCA Nod
Standard Chartered has received in-principle approval from the IFSCA to offer retail wealth management products in Gujarat's GIFT City. The bank, which was the first foreign lender to enter the hub in 2020, plans to roll out these services within the next few months.
BreakingZerodha, Groww, Angel One Get GIFT City Nod: US Stock Investing to Become Easier
India's top four brokerage firms have received regulatory approval to operate in GIFT City. This move will allow retail investors to buy US shares more conveniently through their existing trading apps, bypassing traditional remittance hurdles.
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