Subscribe

0

  • Sign in with Email

By clicking the button, I accept the Terms of Use of the service and its Privacy Policy, as well as consent to the processing of personal data.

Don’t have an account? Signup

  • Bookmarks
  • My Profile
  • Log Out
  • NEWS
  • POLICIES
  • MSME OPPORTUNITIES
  • BANKING & FINANCE
  • TECHNOLOGY FOR SMES
  • SECTORS
  • GLOBAL
  • Investment
  • LEGAL
  • KNOWLEDGE QUEST
  • Future Ready Forum 2025
  • Ek Nayi Udaan
  • Future Ready Summit 2024
  • ADVERTISE WITH US
ad_close_btn
  • News
  • Policies
  • Banking & Finance
  • MSME Opportunities
  • Web Stories
  • InFocus
  • Technology For SMEs
  • Sectors
  • Global
  • Fashion

Powered by :

You have successfully subscribed the newsletter.
Banking & Finance InFocus

IFSCA Submits Report on International Retail Business Development

IFSCA Chairperson Injeti Srinivas said, "Our focus is to provide a best in class jurisdiction with progressive and light touch regulation to create an attractive location for international financial services.

author-image
SMEStreet Edit Desk
22 Sep 2020 04:55 IST

Follow Us

New Update
Injeti Srinivas, Finance

The International Financial Services Centres Authority's (IFSCA) expert committee on international retail business development in the IFSC has submitted its interim report to the authority's Chairperson.

 

The interim report covers a number of suggestions aimed at swift and efficient development of international retail businesses in the IFSC, and focuses mainly on the banking vertical. Other key business verticals -- insurance, asset management, and capital markets -- will be covered in reports that the committee plans to release subsequently.

The committee was constituted by the IFSCA with an aim to suggest how to develop international retail business in the IFSC, along with potential strategies for making the IFSC attractive for international financial services, provide a roadmap for future growth of international retail business in the IFSC, and also examine and recommend any other issues that are important in the development of the IFSC.

The committee has suggested that the IFSC can aim at becoming a gateway to India growth story for international investors and business, providing the Indian diaspora and individuals from Asia and Africa with a comprehensive range of financial services.

IFSCA Chairperson Injeti Srinivas said, "Our focus is to provide a best in class jurisdiction with progressive and light touch regulation to create an attractive location for international financial services. Our vision is to establish GIFT IFSC as a dominant gateway for global financial flows into and out of India, and simultaneously emerge as a major global financial hub."

Retail Business Development IFSCA Injeti Srinivas
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news
logo

Related Articles
Read the Next Article
Latest Stories
Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news

Latest Stories
Latest Stories
    Powered by


    Subscribe to our Newsletter!




    Powered by
    Select Language
    English

    Share this article

    If you liked this article share it with your friends.
    they will thank you later

    Facebook
    Twitter
    Whatsapp

    Copied!