What are IFSC companies? What are examples of such companies in India? Are banks also included in this category?
IFSC companies
Poornima Gupta
Understanding International Financial Services Centres: Key Players and Their Role in Cross-Border Finance and SEZs IFSC stands for International Financial Services Centres, which serve customers outside the domestic economy's jurisdiction, handling cross-border finance, financial products, and services. Examples of IFSC companies in India include Arihant Capital (IFSC) Limited and East India (IFSC) Limited. Banks can also be categorized as IFSCs within Special Economic Zones (SEZs). (AI Summary)