Among the proposals currently being discussed was the establishment of a single ‘settlement bank’ in GIFT City, with which other entities would have dollar balances. Subsequently, debits and credits would be conducted through the settlement bank, sources said.
Jane Street deposits Rs 4,844 crore in escrow account following SEBI derivatives market probe
Following a Sebi probe into alleged manipulation in the derivatives market, Jane Street has deposited ₹4,844 crore in an escrow account, complying with an interim