SBI to acquire 9.95% stake in GIFT-IFSC-based Clearing Corp
State Bank of India will acquire up to 9.95% stake in India International Clearing Corporation (IFSC) Ltd subject to maximum investment of 34.03cr. The Clearing Corporation acts as a central counterparty providing clearing & settlement and risk management services to India International Exchange (IFSC) Ltd. The Clearing Corporation is a GIFT City (Gandhinagar, Gujarat) based […]
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