IFSC regulator looking to allow NBFCs operate as risk aggregators

May 21, 2024

The International Financial Services Centres Authority is exploring the option of non-bank financial players acting as risk aggregators for small customers in GIFT City to facilitate FX transactions and manage interest rate risk exposures.

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India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead

India’s economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robust performance was driven by

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Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowings and bearing hedging costs on FCNR(B)

June 6, 2026

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