PM Modi launches NSE-IFSC SGX Connect, IIBX at GIFT City's IFSC

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Lays foundation for Rs 200 crore IFSCA HQ building, presides over exchange of MoUs by IFSCA with foreign regulatory bodies and Department of Space


Vinay Umarji  |  Gandhinagar 

In a slew of initiatives, Prime Minister Narendra Modi on Friday launched NSE IFSC-SGX Connect and India International Bullion Exchange (IIBX) at the International Financial Service Centre (IFSC) in GIFT City Gandhinagar.

Modi also laid the foundation stone for a Rs 200 crore headquarters building of International Financial Services Centres Authority (IFSCA), and presided over the exchange of memorandums of understanding (MoUs) by IFSCA with foreign regulatory authorities and the Department of Space. Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, along with Union Ministers of State for finance, Pankaj Chaudhary and Dr Bhagwat Karad, Gujarat CM, Bhupendra Patel, and Gujarat Finance Minister, Kanubhai Desai, also attended the inauguration ceremony at the

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