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Tuesday, July 14, 2020

IFSC

IFSC NEWS

Mumbai has natural ecosystem for IFSC, will complement GIFT: Devendra Fadnavis

May 03, 2020 3:26 am

Directing his attack against NCP president Sharad Pawar who alleged that the PM favoured Gujarat over Mumbai while notifying IFSC Authority headquarters at Gadhinagar, Fadnavis said,

Centre’s decision to locate IFSC Authority in Gujarat disappointing, says Pawar

May 02, 2020 10:23 am

The series, which began on Friday, on the foundation day of the state, will host all former chief ministers of Maharashtra, and will end with a talk by Chief Minister Uddhav Thackeray.

Govt introduces IFSC Bill in Rajya Sabha

February 12, 2019 7:57 pm

The International Financial Services Center Authority Bill, 2019 mandates transaction of financial services in the IFCS shall be governed by an Authority headed by a Chairman.

IFSC banking units at GIFT record $100 million transactions

February 16, 2016 12:45 am

Two banks — YES Bank and Federal Bank — have generated such brisk business within three months of their IFSC banking units (IBUs) becoming operational at GIFT IFSC, stated an official release.

Bandra Kurla Complex cannot work as IFC until regulatory issues are sorted out

December 31, 2015 3:59 am

It was supposed to be the global financial centre on the lines of London, Tokyo or New York. A decade after it was first announced, plans for an IFC at the city’s business district are still work in progress.

BKC boundary may see slight extension to qualify as SEZ for IFSC

December 15, 2015 12:20 am

Needs to show contiguous area of 50 hectares, minimum requirement for a multi-services Special Economic Zone.

Bandra Kurla Complex: Maharashtra wants Centre to relax SEZ rules for Mumbai IFSC

September 14, 2015 1:01 am

While an SEZ can be declared for a minimum area of 50 hectares, MMRDA has set aside 20 hectares in BKC for the IFSC; state to soon send formal proposal.

Centre keen to get more banks, insurers in IFSC

May 24, 2015 3:41 am

Financial services secy has urged chiefs of banks and insurance firms to use facilities in GIFT City.

Extra care taken while framing IFSC rules: RBI

April 10, 2015 9:32 pm

"Earlier we have been hesitant... but now we feel it is time for IFSCs to come on to the scene," says RBI Deputy Governor, R Gandhi.

Arun Jaitley to unveil IFSC rules on April 10

April 08, 2015 3:35 am

So far, both BSE and NSE have evinced interest in setting up international exchange within the IFSC in Gujarat.