Current Affairs · Banking and Finance
In July 2025, Mashreq became the first bank from the UAE to receive In-Principle Approval (IPA) from the International Financial Services Centres Authority (IFSCA) to set up an International Banking Unit (IBU) in India. At which location has this unit been authorized?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1IFSC Hyderabad
- 2GIFT City Gandhinagar✓
- 3IFSC Kolkata
- 4IFSC Chennai
Correct answer
GIFT City Gandhinagar
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