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GIFT City: Difference between revisions
→Opportunities for Banking Sector in IFSC:
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=== Opportunities for Banking Sector in IFSC: === | === Opportunities for Banking Sector in IFSC: === | ||
Indian banks and foreign banks can set up their business units in IFSC and can undertake following activities in IFSC: | Indian banks and foreign banks can set up their business units in IFSC and can undertake following activities in IFSC: | ||
'''1.Asset Business:''' | '''1.Asset Business:''' | ||
* External Commercial Borrowing (ECB) loans to Indian borrowers. Indian borrowers may prefer loans from IBU because of physical proximity and because of known documentation. | * External Commercial Borrowing (ECB) loans to Indian borrowers. Indian borrowers may prefer loans from IBU because of physical proximity and because of known documentation. | ||