Bank of Baroda aims to expand presence in GIFT City, Gandhinagar; Establishes new, bigger, state-of-the-art facility. As it aims to expand its operations at GIFT City, Bank of Baroda (Bank), one of India’s leading public sector banks and India’s international bank, announced that the Bank’s International Financial Services Centre Banking Unit (IFSCBU) in GIFT City has inaugurated its new state-of-the-art premises today at Brigade International Financial Centre in GIFT IFSC, Gandhinagar. The Bank will set up International Treasury operations, a Centralised Trade Finance hub and Capital Markets business and scale up its Foreign Exchange and Derivatives Trading activities at GIFT IFSC.
The inauguration of the new facility and the listing ceremony was carried out in the august presence of Shri Injeti Srinivas, Chairperson, International Financial Services Centres Authority (IFSCA); Shri Tapan Ray, Managing Director & Group CEO, GIFT City; Shri Sanjiv Chadha, Managing Director & CEO, Bank of Baroda and Shri Lalit Tyagi, Executive Director, Bank of Baroda. Officials from India INX & NSE IFSC were also present at the listing ceremony.
Shri Injeti Srinivas, Chairperson, International Financial Services Centres Authority (IFSCA) and Shri Sanjiv Chadha, Managing Director & CEO, Bank of Baroda inaugurating the Bank’s new premises at GIFT IFSC, Gandhinagar today.
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