The GIFTCity branch will enable Natixis CIB to drive growth, broaden international diversification, and enhance client servicing capabilities in India. The branch will be led by Pranav Vyas, Head of Natixis IFSC Banking Unit (IBU), GIFT City.
• Underscores GIFTCity’s aim to build a globally competitive and flexible regulatory ecosystem for foreign family offices and private wealth structures, the GIFT City financial regulatory authority said.
Alternative Investment funds warn that the RBI’s rule that deems them resident Indians when reporting foreign assets creates a regulatory overlap that threatens their offshore status and ease of doing business at the international finance hub ....