India, Jan. 29 -- State-owned Punjab & Sind Bank has received approval from the Reserve Bank of India (RBI) to open a branch at the International Financial Services Centre (IFSC) in GIFT City, Gandhinagar, Gujarat.
This marks the bank's strategic entry into global financial services and international banking operations, Punjab & Sind Bank said in a statement.
GIFT City IFSC is India's premier international financial hub, designed to provide a world-class ecosystem for cross-border financial transactions, international trade finance, offshore banking, and capital market activities, it said.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....