Archive · 26 Jun 2025
Govt. to Ease Rules for GIFT City Finance Firms
The government is changing some rules to make it easier for finance companies in GIFT City to operate.
This means companies in GIFT City might find it simpler to borrow money from each other.
The government is planning to make the rules for companies in GIFT City similar to those for regular financial companies, allowing more flexibility.
The public can give their opinions on these changes before July 17.
Government plans to ease rules for finance companies in GIFT City.
The Ministry of Corporate Affairs (MCA) is amending rules for NBFCs registered with IFSCA.
Inter-corporate borrowings by GIFT City firms may become easier.
MCA is seeking comments on the proposed amendments until July 17.
The move aims to align GIFT City regulations with those for RBI-registered NBFCs.
- Who
- Ministry of Corporate Affairs.
- What
- Government is planning to relax rules for finance companies.
- When
- Comments are sought until July 17.
- Where
- GIFT City, Gujarat.
- Why
- To ease inter-corporate borrowings and align GIFT City regulations.
Existing Regulations
Proposed Changes
Borrowing Regulations
Existing Regulations
Strict rules on Inter-corporate borrowings and lending
Proposed Changes
Relaxed Rules on inter-corporate borrowings and lending
- Organization
- Ministry of Corporate Affairs (MCA)
- Location
- GIFT City, Gujarat
- Key Initiative
- Amending rules for NBFCs in GIFT City
- Deadline for Comments
- July 17
Sources
IFSCA approves framework for issuance and listing of transition bonds
Make GIFT City more attractive for HNIs, sovereign and pension funds, says Sitharaman
Fast-track reforms key to Viksit Bharat; GIFT IFSC should be ‘gateway for global capital’ into India: FM Sitharaman
