Standard Chartered wins IFSCA nod for GIFT City wealth management push
Standard Chartered has received in-principle approval from IFSCA to distribute capital-market products from GIFT City and plans to launch wealth management services there in the coming months.
Standard Chartered received IFSCA in-principle approval to distribute capital-market products from GIFT City and plans to launch wealth management services there within months, expanding its India retail-services offering.
Why this matters
With no related recent signals provided, the IFSCA approval establishes Standard Chartered's planned GIFT City wealth-management expansion.
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