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Govt paves the way for p-notes in Gift City

Govt paves the way for p-notes in Gift City https://ifttt.com/images/no_image_card.png"Due to SCRA limitations, branches of foreign banks were unable to issue p-notes from IFSC and were therefore unable to move their trading desks to IFSC," said Suresh Swamy, partner, Price Waterhouse & Co LLP. "With this proposed change, GIFT IFSC will be able to compete with other leading financial jurisdictions."
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