GIFT IFSC: A Comprehensive Guide, the first book offering an in-depth exploration of India’s pioneering International Financial Services Centre (IFSC) at GIFT City, Gandhinagar, was launched at The Ahmedabad Management Association (AMA). Authored by Dr. Udai Lal Paliwal, Mr. Sandip Shah, and Dr. Vineeta Arora, the book serves as a valuable resource on the regulations and frameworks enabling global financial services within India.
The event was graced by esteemed guests, with Mr. V. Balasubramaniam, Managing Director & CEO, NSE International Exchange, as the Chief Guest. Dr. Anup K. Singh, Director General, Nirma University, participated as the Guest of Honour, and Shri K. K. Patel, Vice President of Nirma University, presided over the ceremony.
The book delves into the regulatory environment shaping GIFT IFSC, highlighting its potential as a hub for banks, insurance companies, and capital market intermediaries to offer a broad spectrum of financial products and services. The authors have meticulously compiled insights to present a structured and accessible guide for professionals, academics, and policymakers navigating this emerging global financial ecosystem.
Dr. Udai Lal Paliwal, Director and Dean of the Institute of Commerce, Nirma University, brings over 25 years of international academic and leadership experience. Mr. Sandip Shah, the Head of the IFSC Department at Gujarat International Finance-Tec City Co. Ltd., has been instrumental in the development of GIFT IFSC since its inception. Dr. Vineeta Arora, a distinguished academic and gold medallist, brings her expertise in business statistics and lean accounting to the collaboration.
Speaking at the launch, Mr. Balasubramaniam lauded the authors’ efforts in creating a comprehensive guide that not only explains the intricacies of GIFT IFSC but also positions it as a significant milestone in India’s journey towards becoming a global financial powerhouse. Dr. Anup K. Singh and Shri K. K. Patel also praised the book, highlighting its importance in providing valuable insights into the growth and potential of GIFT IFSC as a key book in the global financial ecosystem.
The book, published at a critical juncture in India’s financial landscape, is expected to serve as a cornerstone for understanding the potential and dynamics of GIFT City’s International Financial Services Centre.