Overview

• At the second GIFT International Banking Forum 2025, leaders from more than 50 banks and over 150 senior executives discussed how the IFSC can channel global capital to India.
• Kaul said GIFT City will gather inputs on remaining rule gaps and undertake policy advocacy to strengthen the ecosystem for banks, funds and wealth managers.
• He outlined a plan to build a differentiated platform rather than compete head‑to‑head with Dubai, Singapore, Hong Kong or London, aiming to serve as a gateway for capital across Asia, the Middle East and Africa.
• Organizers highlighted sizable opportunities in global flows, including cross‑border lending and remittances, alongside ambitions to capture a share of treasury operations through GIFT City.
• Operational scale continues to build, with reports of around three dozen banking units, more than 1,000 IFSCA registrations, 186 fund management entities, aircraft and ship lessors, and three foreign university campuses.