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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
Add BT as a preferred sourcePublished Mon, Nov 14, 2016 · 09:50 PM
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 Narendra Modi's dream to create an international financial centre in the western state, where he was chief minister from 2001 to 2014.
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