City
- INDIAINDIA · 2 min
GIFT City emerges as central hub in RBI's offshore funding strategy
GIFT City has become a focal point in the Reserve Bank of India's offshore funding strategy, with recent policy measures on FCNR(B) deposits, external comm…
25 Jun, 06:08 am IST - GLOBALGLOBAL · 2 min
Knicks’ championship parade adds $380 million to New York City economy
The New York Knicks’ recent championship run and subsequent parade have generated an estimated $380 million in economic impact for New York City, according to fortune.com.
19 Jun, 06:08 am IST - FUNDINGFUNDING · 2 min
HDFC Bank raises $750 million via offshore bond issue through GIFT City unit
HDFC Bank, India's largest private sector lender, raised $750 million through a senior unsecured dollar-denominated bond issue via its GIFT City IFSC Banking Unit, the bank announced.
17 Jun, 02:08 pm IST - STARTUPSSTARTUPS · 2 min
Dhan enables US stocks and ETFs investing via GIFT City route
Dhan, a fintech platform, has launched investing in US stocks and exchange-traded funds (ETFs) through the GIFT City route, allowing Indian investors to access international markets.
12 Jun, 04:08 pm IST - INDIAINDIA · 2 min
Decentro secures final payment service provider licence at GIFT City
Decentro has secured the final payment service provider (PSP) licence at GIFT City, enabling it to offer a full suite of payment services from this financial hub.
01 Jun, 03:06 pm IST - POLICYPOLICY · 2 min
RBI imposes monetary penalty on City Union Bank Limited
The Reserve Bank of India (RBI) has imposed monetary penalties on City Union Bank Limited and Mintifi Finserve Private Limited for regulatory non-compliance, as announced today.
22 May, 06:30 pm IST