Branches of Indian banks in overseas can deal in financial products not permitted in domestic marketFurther, the financial products dealt with by the foreign branches and subsidiaries as well as IFSCs will attract prudential norms such as ...
01 Dec, 2022, 07.35 PM IST
IFSCA allows banks in IFSCs to undertake portfolio management, investment advisory servicesThe market infrastructure institutions (MIIs) viz stock exchanges, clearing corporations and depositories are of critical importance in the...
16 Mar, 2021, 10.06 PM IST
Sebi comes out with guidelines for investment advisers in IFSCAccording to Sebi, an IA or parent entity will fulfil the networth requirement, separately and independently, for each activity undertaken ...
28 Sep, 2020, 07.11 PM IST
Sebi revises eligibility, shareholding limit for clearing corp at IFSCThe decision, aimed at streamlining the operations of IFSC, has been taken after consultation with stakeholders, the Securities and Exchang...
07 Aug, 2020, 10.05 PM IST
Sebi eases ownership rules for Gift City ExchangesGoing forward all categories of investors can hold equity in such exchanges.
09 Jul, 2020, 07.56 PM IST
Sebi eases investment norms for AIFs operating in IFSCSebi (Alternative Investment Fund) Regulations pertain to provisions for domestic AIFs.
09 Aug, 2019, 09.54 PM IST
Foreign reinsurers may be allowed to open satellite offices in GIFT cityPresently, foreign reinsurers which already have branches in India have to apply for a fresh licence in GIFT City, enjoying taxation benefi...
07 Aug, 2019, 12.04 PM IST
Govt eases norms for re-insurers for setting up shop at IFSCOpening an office at IFSC would allow global players to cater to the needs of customers outside the jurisdiction of the domestic economy.
04 Aug, 2019, 03.22 PM IST
NSE and SGX may soon launch Nifty index from IFSCThe two exchanges have submitted their new product, with Nifty50 as underlying index.
26 Nov, 2018, 01.44 PM IST
RBI tweaks norms for setting up of IFSC Banking UnitsIn April 2015, the Reserve Bank had formulated a scheme for setting up of International Financial Services Centres (IFSC) Banking Units (IB...
17 May, 2018, 07.50 PM IST
Bonds issued outside can get listed on IFSC exchanges: SebiThe country's only IFSC has been set up in GIFT City near Ahmedabad, where both the BSE and the NSE have set up exchanges.
31 Aug, 2017, 07.29 PM IST
NSE to launch international exchange at GIFT city todayAll the trades will be cleared and settled through NSE IFSC Clearing Corporations Ltd.
05 Jun, 2017, 09.00 AM IST
NSE IFSC seeks Sebi's nod to set up international exchange at GIFT cityNSE IFSC Ltd, the global exchange promoted by the National Stock Exchange, has applied for an in-principle approval from the Securities and...
18 Dec, 2016, 01.59 PM IST
Banks can't deal in cash at IFSC: RBIRBI had issued relaxed norms for setting banking up units in the IFSC by relaxing the mandatory reserve requirements for domestic and forei...
10 Apr, 2015, 11.09 PM IST
Union Finance Minister Arun Jaitley to unveil IFSC normsThe announcement of norms for IFSC, coming up at the Gujarat International Finance Tec-City (GIFT City) here, will be made at a conference.
08 Apr, 2015, 10.26 PM IST
Gujarat's GIFT City expects to garner $50 billion business annually"GIFT City has a potential to bring back $50 billion annually which we are losing out to other global hubs, " its MD and CEO Ramakant Jha s...
23 Mar, 2015, 04.33 PM IST
Regulation norms for International financial services centres by month end: GovernmentRegulation for the International Financial Services Centres will be issued by the month end and the first such centre will be developed in ...
13 Mar, 2015, 05.15 PM IST