AHMEDABAD: The Indian Banks’ Association (IBA) announced on Tuesday the establishment of a sectoral committee for member banks operating within Gujarat International Finance Tec-City (GIFT City) in Gandhinagar. The committee’s inaugural meeting took place on Tuesday.The IBA has formed the Sectoral Committee to address the distinct regulatory landscape and challenges faced by banks operating within GIFT City. This committee will serve as a link between the banking industry and regulators, ensuring effective communication and resolution of concerns and perspectives.ExpandSunil Mehta, Chief Executive of IBA, stated, “The regulatory framework for banks within GIFT City differs from that for…
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Indian banks’ association forms sectoral committee for banks in GIFT City
