GIFT Metropolis provides monetary merchandise unavailable in home markets, resembling acquisition financing and plane and transport asset financing, Ok Rajaraman, Chairperson of the Worldwide Monetary Companies Centres Authority (IFSCA), mentioned on the IVCA Conclave 2025 on Wednesday.
Fifteen funds have relocated to GIFT IFSC from abroad places thus far. The monetary centre has over 200 registered funds managed by 140 fund managers within the fund ecosystem. There are round 30 worldwide and home banks working with worldwide banking items, and the overall asset measurement has crossed $78 billion.
“Indian firms not have to go to overseas jurisdictions for bond issuances or credit score strains,” Rajaraman mentioned.
He reaffirmed IFSCA’s dedication to investor safety and market integrity: “As a regulator, we’re dedicated to making sure the orderly improvement of markets, investor safety, and powerful market integrity. Our anti-money laundering and anti-terrorism rules are strong and aligned with the Prevention of Cash Laundering Act (PMLA) of India, making certain world compliance requirements.”
Rajaraman additionally spoke about how a well-regulated ecosystem had been developed for world buyers and Indian enterprises.
“Right this moment, we operate as a unified regulator, consolidating powers throughout 16 monetary sector legal guidelines. Our principle-based rules are globally aligned, making certain simplicity and effectivity. The outcomes over the previous 4 years are a testomony to the work executed—we now have 31 rules protecting capital markets, banking, insurance coverage, and area of interest monetary sectors,” he mentioned.
