GIFT City regulator to supplement local peers’ initiatives to lift foreign inflows https://ifttt.com/images/no_image_card.pngBanks including State Bank of India and Axis Bank have doubled consolidated balance sheet size to $35 billion in the last two years since the unified regulator assumed formal status. Prime Minister Narendra Modi is likely to visit GIFT City this Friday after a gap of five years, launching a host of new initiatives.
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