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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 >

NewsBTC - Business - News Image
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30
BusinessOct 01, 2025 01:32 AM

Qatar's Biggest Bank Joins JPMorgan's Blockchain Payment Network

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Qatar National Bank (QNB) has started using JPMorgan's Kinexys payments platform for US dollar corporate flows, bringing on-chain settlement to clients in the country. According to JPMorgan, the move went live in March 2025. Based on reports, the Doha lender will now be able to move US dollar payments around the clock, removing the usual business-hour cutoffs that delay transfers ...Read More >

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