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Gujarat zone to ease international market access

Banks at GIFT City will have offshore market access to supply the growing foreign currency needs of Indian companies

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GIFT City is the culmination of Mr Modi's (left, with Japanese Prime Minister Shinzo Abe during his visit to Japan last week) dream to create a financial centre in the state where he was chief minister.

Singapore

BANKS are queuing up for licences to open branches at Gujarat International Finance Tec-City (GIFT City), where they will have offshore market access to supply the growing foreign currency needs of Indian companies.

GIFT City is the culmination of Indian Prime Minister

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