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To encourage Indian MNCs to bring their GTC business to India’s first IFSC at GIFT City, IFSC Authority has issued a framework for undertaking Global /Regional Corporate Treasury Centres activities by Finance Company/Finance Units in IFSC by June 25, 2021.
The framework will enable Units registered as “Finance Company” or “Finance Unit “under Finance Company Regulations, 2021 to perform the functions of Global/Regional Corporate Treasury Centre allowing them to undertake Treasury Activities and Treasury Services for its Group Entities from IFSC.
Product offering is subject to certain eligibility criteria as per Bank's internal policy and is subject to Bank's discretion.