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Govt to ease rules for finance firms based in GIFT City
Financial Express Lucknow
|June 27, 2025
THE GOVERNMENT MAY extend the special dispensation available for RBI-registered non-banking finance companies (NBFCs) to finance companies registered with International Financial Services Centres Authority (IFSCA).
Firms at the GIFT City in Gujarat will be among the key beneficiaries of the move.
Inter-corporate borrowings by GIFT City firms may become easier.
The ministry of corporate affairs (MCA) is planning to amend the relevant rules for this purpose, and has sought comments in this regard till July 17.
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