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Kotak Mahindra Bank signs MoU with GIFT SEZ for boosting financial services eco-system at GIFT IFSC

In May 2021, Kotak Mahindra Bank had issued the first-ever FPI license to a GIFT IFSC AIF, marking a new beginning in the journey of the fund business in GIFT IFSC.

Shreya Chaware 0 492 Article rating: 5.0

To strengthen the presence in the country's new financial & technology gateway, Kotak Mahindra Bank Limited (KMBL) today announced that it has signed a Memorandum of Understanding (MoU) with GIFT SEZ Limited (GIFT SEZ), enabling both to work together towards greater enhancement of the financial services eco-system in GIFT IFSC for AIFs and Global Custody Services.

Lupin hit the ball out of the park! Is the tide turning in favour of the stock after this big announcement?

Karan Dsij 0 673 Article rating: 3.7

Another interesting point is that it’s not very usual these days to see pharma stock jumping 8-9 per cent but on Tuesday, Lupin broke this jinx as it soared nearly 9 per cent. Certainly, this might have brought a million-dollar smile to the faces of Lupin investors.  

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