HSBC & EY Launch Compendium Highlighting GIFT City's Global Financial Rise


HSBC & EY Launch Compendium Highlighting GIFT City's Global Financial Rise
  • HSBC and EY India release a new compendium on opportunities at GIFT City
  • Resource outlines policy reforms, infrastructure strength, and rising global interest
  • GIFT City crosses 1,000 registered entities and $100B in banking assets

HSBC, in partnership with EY India, has launched a comprehensive compendium titled The GIFT City Advantage: Doing Business in India’s International Financial Services Centre (IFSC). The guide was unveiled in New Delhi by K. Rajaraman, Chairperson of the International Financial Services Centres Authority (IFSCA), and Anuradha Thakur, Secretary of the Department of Economic Affairs. Senior leaders from HSBC and EY also joined the launch.

Positioned as India’s rising international financial hub, GIFT City is gaining global attention as capital flows shift toward emerging markets. The new compendium aims to help global and domestic firms understand the evolving ecosystem, highlighting progressive policy measures, high-quality infrastructure, and a unified regulatory framework under IFSCA.

Anuradha Thakur, said, GIFT City reflects India’s long-term vision for creating a modern, innovation-driven financial center. She noted that its regulatory clarity and strong infrastructure are helping India attract global capital and specialized financial services.

IFSCA Chairperson K. Rajaraman emphasized the authority’s commitment to fostering a world-class regulatory environment that supports innovation and deepens financial markets. He said the goal is to bring in more products and global financial institutions.

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HSBC India CEO Hitendra Dave added that GIFT City is reshaping international financial services, pointing to the rapid rise in derivatives, offshore fund structures, and international banking operations. EY India Chairman Rajiv Memani highlighted that GIFT City has reached a crucial stage of maturity, evidenced by over 1,000 registered entities and banking assets crossing $100 billion.