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IFSCA INSURANCE SECTOR
Sebi mulls allowing OBPPs to offer products regulated by IFSCA, tax-saving bondsMarkets regulator Sebi on Tuesday proposed allowing Online Bond Platform Providers (OBPPs) to offer products or services regulated by Inter...
Global degrees on Indian soil sound like a great deal, until you read the fine printIndia is now hosting foreign university campuses, a significant shift from previous years. This move aims to keep Indian students in the co...
IFSCA key to India’s global reinsurance hub ambitions: Financial Services SecretaryIndia is poised to emerge as a major player in the global reinsurance landscape. M Nagaraju, Secretary of Financial Services, has encourage...
No takers for 18 lakh jobs in financial services sector in India: FBSB India CEOIndia is grappling with unemployability in the financial services sector, with nearly 18 lakh jobs not filled last year. GIFT City in Gandh...
Finance Minister Nirmala Sitharaman chairs 28th FSDC meeting in presence of RBI, SEBI top brassUnion Minister for Finance and Corporate Affairs, Nirmala Sitharaman, led the 28th meeting of the Financial Stability and Development Counc...
GIFT City gears up for direct listings, re-insuranceGIFT City started in 2007 as a completely greenfield experiment when PM Modi was the chief minister of the state of Gujarat. In 2020 the go...
Two Japanese banks set to start operations in GIFT City: IFSCA chiefTwo Japanese banks are poised to join the ranks of 10 foreign and 16 local banks already established in the tax-free GIFT City. This inform...
Govt appoints K Rajaraman new IFSCA chairmanK Rajaraman will be the next chairman of the International Financial Services Centres Authority (IFSCA), the finance ministry said. He will...
India, UK to collaborate on green bonds, pension fund reformsBoth sides discussed effective regulation of ESG rating providers. They explored the scope to leverage asset management industries in favou...
Cadila Pharma appoints Ashraf Allam global COOAllam, who served as the CEO at the Public Investment Fund prior to joining Cadila Pharmaceuticals, will report to Group Chairman and Manag...
Sebi issues guidelines for inter-operable regulatory sandboxThe move is aimed to facilitate testing of innovative hybrid financial products and services falling within the regulatory ambit of more th...
Rules for new hybrid financial instruments combining banking, insurance, MF, pension announcedThe Reserve Bank of India (RBI) has announced guidelines for the creation of new hybrid financial products that integrate insurance, mutual...
Overseas investment revamp to benefit IFSC at GIFT CITY“This move will particularly help both financial and non financial services Indian players to make overseas investment in Indian IFSC and d...
Give the finabler a friendly pushIt has been entrusted to regulate businesses like global investment funds, banking, insurance, aircraft leasing, fintech and stock exchange...
Nirmala Sitharaman announces clearance of two proposals of IFSCA at GIFT City in GujaratSitharaman announced formal clearance of Rs 269.05 crore for supervisory technology fund for IT infrastructure and Rs 200 crore for headqua...
Gift City can be a real giftThe International Financial Services Centre Authority (IFSCA) has been vested with the powers of four domestic sectoral regulators namely –...
Expert committee makes case for expanding scope of retail insurance business at GIFT cityThe committee is christened as International Financial Services Centres Authority (IFSCA), which focuses on building international retail b...
IFSC can be gateway for international business, provide financial services: Expert committeeThe IFSCA committee submitted its interim report on development of international retail business in the IFSC which focused on the banking s...
FSDC meeting: Regulators commit to strengthen financial sectorIt also discussed issues relating to inter-Regulatory coordination and reviewed the initiatives and activities of NCFE, activities of vario...
Govt notifies International Financial Services Centres AuthorityWith this, the government has established a unified authority to regulate all financial services in International Financial Services Centre...