29 Dec 2025 | 5 Mins Read
Indian Overseas Bank gets RBI nod for GIFT City IFSC unit
Flipitmoney
Indian Overseas Bank received RBI approval to establish an International Financial Services Centre Banking Unit at GIFT City in Gujarat through a December 29, 2025 letter. This allows the bank to expand international financial services presence within the IFSC regulatory framework, marking an important step in strengthening operations in specialised financial centres.