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Abtak.com - Business - News Image
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18
BusinessApr 03, 2026 03:34 AM

Gujarat: GIFT City's IFSC banking assets rise 7-fold in 5 years, cross $106 billion

Ahmedabad: With a fast-rising presence of IFSC banking units (IBUs) in GIFT IFSC, the size of the banking assets has increased sevenfold in five years, according to data by GIFT City. The country's first International Financial Services Centre at Gujarat International Finance Tec-City (GIFT City) saw banking assets crossing $106.7 billion as of Feb 2026, marking a sevenfold jump from $14 billion in Sep 2020.A key infrastructure boost came with the launch of the foreign currency settlement system ...Read More >

The Times of India - Business - News Image
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25
BusinessMar 31, 2026 04:18 AM

Gujarat: GIFT City's IFSC banking assets rise 7-fold in 5 years, cross $106 billion

Ahmedabad: With a fast-rising presence of IFSC banking units (IBUs) in GIFT IFSC, the size of the banking assets has increased sevenfold in five years, according to data by GIFT City. The country's first International Financial Services Centre at Gujarat International Finance Tec-City (GIFT City) saw banking assets crossing $106.7 billion as of Feb 2026, marking a sevenfold jump from $14 billion in Sep 2020.A key infrastructure boost came with the launch of the foreign currency settlement system ...Read More >

LatestLY - Politics Business - News Image
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16
PoliticsBusinessMar 30, 2026 09:26 PM

Business News | GIFT City's IFSC Banking Assets Surge over 7x in Five Years, Cross USD 106 Billion |...

Gandhinagar (Gujarat) [India], March 30 (ANI): Banking assets at GIFT City's International Financial Services Centre (IFSC) have crossed USD 106.7 billion as of February 2026, marking a more than seven-fold increase from USD 14 billion in September 2020, underscoring the rapid scale-up of India's offshore banking ecosystem, according to a statement released by GIFT city. The growth has been supported by a robust and expanding banking base, with 37 banks operating in GIFT IFSC, including 20 fore ...Read More >

Asian News International (ANI) - Politics Business - News Image
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31
PoliticsBusinessMar 30, 2026 08:58 PM

GIFT City's IFSC banking assets surge over 7x in five years, cross USD 106 billion

Gandhinagar (Gujarat) [India], March 30 (ANI): Banking assets at GIFT City's International Financial Services Centre (IFSC) have crossed USD 106.7 billion as of February 2026, marking a more than seven-fold increase from USD 14 billion in September 2020, underscoring the rapid scale-up of India's offshore banking ecosystem, according to a statement released by GIFT city. The growth has been supported by a robust and expanding banking base, with 37 banks operating in GIFT IFSC, including 20 fore ...Read More >

Social News XYZ - Politics - News Image
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30
PoliticsJul 11, 2025 08:02 PM

Japan's ambassador meets Gujarat CM, focuses on stronger bilateral ties and semiconductor investment...

Gandhinagar, July 11 (SocialNews.XYZ) Japan's Ambassador to India, Keiichi Ono, paid a courtesy visit to Gujarat Chief Minister Bhupendra Patel in Gandhinagar on Friday, accompanied by Japan's Economic and Development Affairs Minister, Koyoko Hokugo. The meeting came on the final day of Ambassador Ono's three-day visit to Gujarat, which included high-level interactions with more than 150 industrialists in Ahmedabad and a visit to the Dholera Special Investment Region (SIR). During the meeting, ...Read More >

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