IFSC Banking Unit (IBU), GIFT City

Federal Bank opened its IFSC Banking Unit (IBU) at GIFT City in November 2015. An IBU is set up and operates like an Overseas Branch of Federal Bank Limited, India. It facilitates a base for world class International Banking services in the country. Federal Bank IBU caters to both domestic and international clients for their various requirements and has executed transactions in various segments like manufacturing, metals, media & entertainment, health care, electrical, food, construction, retail etc.

Gujarat International Finance Tec (GIFT) City is India’s first International Financial Service Center (IFSC) located at Gandhinagar, Gujarat. IFSC in GIFT City is conceptualized and designed at par with other global financial centers operating in various parts of the world viz. DIFC Dubai, ADGM, Singapore, Hong Kong, City of London etc.