Current Affairs · Banking and Economy
Tata Asset Management Private Limited (TAMPL) received approval from the International Financial Services Centres Authority (IFSCA) to operate at GIFT City. Which of the following statements is/are correct regarding this development? 1. TAMPL has been authorised to operate as a Retail Fund Management Entity (FME) at GIFT IFSC. 2. The GIFT City branch will cater to domestic resident investors only, completely excluding NRIs. 3. The entity will serve foreign nationals, NRI investors, family offices, and institutional investors from its GIFT IFSC unit.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only 2
- 2Only 3
- 3Both 1 and 2
- 4Both 1 and 3✓
Correct answer
Both 1 and 3
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