IndusInd Bank gets approvals to set up International Finance Services Centre

In Gujarat International Finance Tec-City

IndusInd Bank has received approvals to set up an International Finance Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City). IndusInd Bank's International Banking Unit will provide the bank access to international financial markets and will allow IndusInd to deliver a complete range of products to its clients with foreign currency funding requirements. The Bank will now be able to actively offer products such as External Commercial Borrowings to its customers an area where it had limited capabilities hitherto.

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