Sitharaman launches foreign currency settlement system in GIFT IFSC
Currently, foreign currency transactions usually get settled with a lag of 36 to 48 hours.
Currently, foreign currency transactions usually get settled with a lag of 36 to 48 hours.
It has recommended a comprehensive regulatory regime for undertaking bookkeeping, accounting, taxation and financial crime compliance services from IFSC in India.
David Rasquinha, MD, Harsha Bangari, DMD, N Ramesh, DMD and Sudatta Mandal, CGM & CFO of India Exim Bank rang the bell on India INX celebrating the third bell ringing of India Exim Bank foreign currency bonds on India INX.
