University of Wollongong Opens India Campus at Gujarat’s GIFT City Introduction: A Major Step in Global Education The University of Wollongong (UOW) has officially opened its first campus in India, situated in the Gujarat International Finance Tec-City (GIFT City). This significant development marks a milestone in India’s higher education landscape, showcasing the university’s commitment to…
HSBC and SBI Acquire Stakes in CCIL IFSC HSBC’s Strategic Investment HSBC, a prominent global banking institution, has acquired a 6.125% equity stake in CCIL IFSC Limited for ₹6.125 crore. This strategic investment underscores HSBC’s commitment to expanding its market infrastructure in India, specifically within GIFT City, an emerging international financial services hub. SBI’s Parallel…
SBI Bolsters Presence in GIFT City with Acquisition of Stake in CCIL IFSC SBI’s Strategic Move to Strengthen Its Position in GIFT City The State Bank of India (SBI) has made a significant strategic move by acquiring a stake in the Clearing Corporation of India Limited International Financial Services Centre (CCIL IFSC). This acquisition is…
RBI Approves REC to Establish Subsidiary in GIFT City The Reserve Bank of India (RBI) has recently granted approval to Rural Electrification Corporation (REC) to establish a subsidiary in the Gujarat International Finance Tec-City (GIFT City). This move comes as a significant development in the financial sector, particularly in the realm of infrastructure financing. Why…
PFC Secures RBI Approval for IFSC Finance Company in GIFT City Public Financial Corporation (PFC) recently achieved a significant milestone by obtaining approval from the Reserve Bank of India (RBI) to establish an International Financial Services Centre (IFSC) finance company in the Gujarat International Finance Tec-City (GIFT City). This approval marks a pivotal step towards…
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