IFSC

Indians can now trade in Google, Apple, 6 other US stocks on NSE IFSC, here’s how you can invest

NSE IFSC will facilitate the trade of US stocks on the platform. 

Mar 03, 2022, 16:28 PM IST

Bank alert! IFSC codes of THESE banks have changed, here’s how you can get new ones

Bank customers with accounts in these banks need to use their updated IFSC codes for online transactions. 

Jul 11, 2021, 12:31 PM IST

Syndicate Bank IFSC code will change from July 1, here’s how to get new one

Syndicate bank's customers should inform all money senders that now while using NEFT / RTGS / IMPS, they should use only the new IFSC starting with CNRB, which belong to Canara Bank.

Jun 27, 2021, 15:38 PM IST

Bank customers alert! Stop using old IFSC codes of THESE banks or face failed transactions

As part of a massive amalgamation plan of the Indian government, finance minister Nirmala Sitharaman had announced the merger of 10 public sector banks into four mega state-owned ones in 2019.

Apr 29, 2021, 16:49 PM IST

Sebi revises shareholding limit for exchanges operating in IFSC

The decision has been taken based on the internal discussions and consultations with the stakeholders, the Securities and Exchange Board of India (Sebi) said in a circular.

Jul 09, 2020, 18:04 PM IST

People will drown Maharashtra's enemy in Arabian Sea, says Shiv Sena on IFSC transfer move

The ongoing tussle between the Shiv Sena and BJP over the Centre's decision to shift International Financial Service Center (IFSC) from Mumbai to Gujarat's Gandhinagar intensified on Monday (May 4) with the Shiv Sena attacking both Prime Minister Narendra Modi and former Maharashtra CM Devendra Fadnavis for this move.

May 04, 2020, 13:53 PM IST

Sharad Pawar slams Centre's move to shift IFSC to Gujarat, terms it 'egregious, unwarranted'

Pawar said the Centre's move to set up the headquarters of IFSC at Gandhinagar would be taken as an act of undermining the strategic importance of Mumbai that boasts as the nation's financial capital.

May 03, 2020, 13:43 PM IST

BSE’s India INX launches Segregated Nominee Account Structure

India INX, India's first international exchange based in the IFSC at GIFT City, was set up in January 2017.

Jun 11, 2018, 17:57 PM IST

Bonds issued outside can get listed on IFSC exchanges: Sebi

The country's only IFSC has been set up in GIFT City near Ahmedabad, where both the BSE and the NSE have set up exchanges.

Sep 01, 2017, 00:27 AM IST

Sebi provides leeway for IFSC banking units to act as brokers

Markets regulator Sebi on Thursday allowed banking entity operating in international financial services centres (IFSC) to act as stock broker or a clearing member, without forming a separate company.

Apr 27, 2017, 20:19 PM IST

RBI continuing to press ahead for smooth transmission of monetary policy: Urjit Patel

RBI Governor Urjit Patel on Wednesday said that the central bank will continue to press ahead for a more fluid and smooth transmission of monetary policy.

 

Jan 11, 2017, 16:17 PM IST

BHIM app: All you need to know!

The app allows to make cashless payments over mobile phones. The app is developed by National Payment Corporation of India (NCPI).

Dec 30, 2016, 21:16 PM IST

BSE hopes to operationilse IFSC exchange in 12-18 months

India's premier bourse BSE, which was the first exchange to enter the just-launched International Financial Services Centre (IFSC) in Ahmedabad, has said it hopes to commission its exchange there within 12-18 months.

Apr 12, 2015, 16:13 PM IST

IFSC: 5 things you want to know about the global financial hub

The regulations are aimed at creating a vibrant IFSC on the lines of those in Dubai and Singapore and check the flight of trading in rupee and Indian securities to such offshore financial hubs.

Apr 11, 2015, 09:45 AM IST

'Through IFSC India can become re-insurance hub in SAARC'

Putting high hopes on the India's first International Financial Services Centre(IFSC) at GIFT City here, insurance regulator IRDAI's chief T S Vijayan said it can make India a leading player in the multi-billion dollar re-insurance segment.

Apr 11, 2015, 08:51 AM IST

Banks can't deal in cash at IFSC: RBI

Reserve Bank Deputy Governor R Gandhi Friday made it clear that domestic banks setting up shops at the International Financial Services Centre (IFSC) here must adhere to anti-money laundering norms and refrain from doing cash transactions.

Apr 10, 2015, 23:34 PM IST

India's first IFSC becomes operational

India's first International Financial Services Centre (IFSC) at GIFT City near here became operational on Friday and Finance Minister Arun Jaitley unveiled rules and regulations for this global financial hub.

Apr 10, 2015, 19:22 PM IST

FM Jaitley to announce rules for country's first IFSC today

Arun Jaitley is scheduled to unveil rules and regulations for the upcoming International Financial Services Centre (IFSC) at a conference to be held in Gandhinagar at Mahatma Mandir on Friday.

Apr 10, 2015, 09:22 AM IST

RBI says rupee transactions will not be allowed in international centres

The government is setting up the first IFSC in Prime Minister Narendra Modi`s home state, Gujarat, which will be known as Gujarat International Finance Tec-City (GIFT).

Apr 01, 2015, 19:00 PM IST

Sebi issues guidelines for international financial centres

The game-changing norms are aimed at creating a vibrant IFSC within India on the lines of Dubai and Singapore, and also help check trading in Indian securities and rupee derivatives at offshore financial hubs.

Mar 27, 2015, 22:55 PM IST