Gandhinagar: Gujarat International Finance Tec-City (GIFT City), India’s maiden International Financial Services Centre (IFSC) and a project of national importance, has further strengthened its position on the global stage, climbing three places to 43rd in the thirty-eighth edition of the Global Financial Centres Index (GFCI 38) rankings. GIFT City’s overall rating improved, underscoring the growing confidence of global investors and institutions in India’s emerging international financia...Read More

New Delhi: Another foreign university, namely the University of Surrey from England, has received in-principle approval to open its campus in Gujarat International Finance Tec-City (GIFT City), marking a significant step in expanding global higher education opportunities in India. The announcement was made as part of the outcomes of the visit of UK Prime Minister Keir Starmer to India. Starmer, who is on a two-day visit to India, met Prime Minister Narendra Modi at Raj Bhavan in Mumbai, and b...Read More

Gandhinagar: The unique musical show about India’s transformation under the leadership of Prime Minister Narendra Modi, “Mera Desh Pehle”, will be held for the first time in Gujarat on Friday, October 10, 2025, at GIFT City, Gandhinagar. Prime Minister Narendra Modi has always placed the nation’s interest above all and dedicated his life to serving the country. Many events and episodes from his life have inspired citizens with a spirit of patriotism, dedication, and putting the nation f...Read More

Gandhinagar: Bank of Baroda today announced that it has received approval from the International Financial Services Centres Authority (IFSCA) to operate as a Trading-Cum-Clearing Member (TCM) on the India International Bullion Exchange IFSC Limited (IIBX) at GIFT City, expanding its footprint in the financial hub. As a TCM, the Bank will execute, clear, and settle trades, thereby boosting liquidity and efficiency in India’s bullion market. One of the early entrants in GIFT IFSC, Bank of Barod...Read More

Ahmedabad: The second edition of the GIFT International Banking Forum (GIBF) 2025 concluded at GIFT City Club, bringing together senior regulators, global bank CEOs, and thought leaders to deliberate on how Gujarat International Finance Tec-City (GIFT City) can anchor India’s global financial ambitions. The event highlighted opportunities to unlock global flows, including bank credit accounting for 86% of world GDP, $34 trillion in cross-border lending potential, $860 billion in remittances, ...Read More

Gandhinagar: Societe Generale today announced the launch of a new branch in Gujarat International Finance Tec-City (GIFT City), the first International Financial Services Centre (IFSC) in India. 'The new IFSC Banking Unit (IBU) will enhance Societe Generale’s ability to deliver innovative and tailored structured finance solutions and scale up its support for Indian clients, particularly in investment-intensive sectors such as renewable energy and various forms of infrastructure, including r...Read More

Gandhinagar: Tata Asset Management has set up a branch at the International Financial Services Centre (IFSC) in GIFT City, Gujarat, to extend fund management services to global investors and provide them with access to India’s vibrant equity markets. The firm has also received approval to launch the Tata India Dynamic Equity Fund – GIFT IFSC, a retail-focused inbound feeder fund with a minimum investment ticket size of USD 500. The fund will invest in mutual fund equity schemes and exchange-...Read More

Gandhinagar: State Bank of India announces the listing of its USD 500 million of “Regulation S” bonds, recently issued at a coupon rate of 4.50 per cent at NSE-IX in Gift City. The bond is priced at a spread of 75 bps over the benchmark and is listing on SGX-ST and NSE-IX. The Notes carry rating of BBB and BBB- from S&P and Fitch respectively. Commenting on the transaction, Shri Rama Mohan Rao Amara, Managing Director (IB, GM & T), SBI, said “The successful issuance of USD 500 million ...Read More

Gandhinagar: The GIFT City funds ecosystem is projected to cross USD 100 billion in commitments by 2030, according to a projection by leading alternative investments platform PMS Bazaar. As on June 30, 2025, as many as 177 fund management entities, and over 270 funds/schemes, which include Category I, II, III AIFs and Venture Capital schemes, were registered in the IFSC. Category III AIFs have almost tripled commitments in one year, reaching USD 10.15 billion by June 2025. These figures show th...Read More

New Delhi: The Gujarat International Finance Tec City – International Financial Services Centre (GIFT IFSC) has seen substantial growth over the past five years, with the number of registered companies increasing from 82 in October 2020 to 409 as of 31 July 2025, Finance Minister Nirmala Sitharaman informed the Lok Sabha on Monday. In a reply to a question, the Finance Minister said, "A total of 409 companies are currently operating in Gujarat International Finance Tec City – International ...Read More