Gujarat International Fin-Tec City, popularly known as GIFT City, is an ambitious project aimed at creating a world-class hub of financial and information technology services. The project includes a Special Economic Zone, which houses an International Finance Services Centre (IFSC). The IFSC has been set up to cater to the growing demand for financial services transactions that are currently being conducted outside India by foreign financial institutions, as well as by overseas branches and subsidiaries of Indian financial institutions.

The IFSC offers a host of services, including banking, insurance, capital markets, and asset management. It is designed to meet globally benchmarked standards and provide a secure, efficient, and transparent platform for conducting financial transactions.

The regulatory framework governing funds in the International Financial Services Centre (IFSC) has undergone notable improvements as part of a broader effort to facilitate the establishment of financial services intermediaries in the region. This has resulted in the IFSC emerging as a viable alternative to popular fund jurisdictions around the world, such as Singapore and Mauritius. These changes have made IFSC an attractive option for global investors looking to explore new financial opportunities.

Read more at https://www.resmanagement.in/new-upcoming-commercial-projects-gift-city-gandhinagar

For more blogs, Visit at https://www.resmanagement.in/blog