Browsing Tag
GIFT City
12 posts
Federal Bank (NSE: FEDERALBNK) clears five-year $500m foreign-currency funding plan via GIFT City
The lender can issue up to $500 million of foreign-currency debt through its GIFT City banking unit, joining a broader wave of Indian banks tapping overseas markets.
Bank of Baroda (NSE: BANKBARODA) adds $400m to dollar bond push
Bank of Baroda has raised an additional $400 million by tapping its five-year senior unsecured dollar bond, taking its recent offshore bond issuance to $1.1 billion as Indian banks accelerate foreign-currency funding.
SG Finserve (NSE: SGFIN) profit jumps 119% as Rs 4,552cr loan book tests durability of nil NPAs
SG Finserve Limited doubled operating income and lifted quarterly profit by 119% as its supply chain finance loan book reached a record ₹4,552 crore. Nil reported NPAs strengthen the growth narrative, but rising leverage, portfolio concentration and limited seasoning create a more demanding durability test.
Dovetail Capital raises Rs 100cr as GIFT City fuels asset-servicing expansion
Dovetail Capital’s maiden institutional funding round gives the Mumbai-based financial infrastructure company fresh capital to scale fund administration, compliance and cross-border investment services from GIFT City into international markets.
Can NSE: IREDA become India’s Exim Bank for green energy? The Zambia deal could be just the start
Find out how IREDA’s first international green loan to Zambia via GIFT City could redefine India’s global climate finance strategy.
Nila Spaces (NSE: NLASPACES) rallies 9% on GIFT City contract: Smart city real estate bets pay off
Nila Spaces rallies 9% after awarding a ₹129.25 Cr GIFT City contract. Discover why investors see smart city potential in this rising real estate stock.
CARE Ratings announces impressive Q2 FY25 results—Investors cheer interim dividend
CARE Ratings Limited, one of India’s premier credit rating agencies, has reported robust financial results for the quarter…
Abans Holdings shocks market with 57% revenue surge, reveals audacious global expansion plans
Abans Holdings Limited has reported a stunning 57% growth in revenue for Q1 of FY 2024-25, as the…
Blue Dart launches advanced logistics facility in GIFT City, Gujarat to boost express delivery services
Blue Dart, recognized as South Asia’s leading express air and integrated transportation & distribution company, has announced a…
Star Health Insurance expands global footprint with new international office in GIFT City
Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India’s leading retail health insurance firm, has today…