What does Uday Kotak’s appointment mean for investors?

It signals a push for execution at GIFT City. We expect clearer rules, quicker approvals, and stronger outreach to global banks. Investors should watch for enabling circulars, new product launches, and consistent volumes. If liquidity improves and costs fall, the IFSC could offer better access and pricing over time.

How could GIFT City benefit Indian companies?

A smoother IFSC framework can widen funding choices, from debt to fund structures. Faster approvals and predictable taxation reduce costs. If ecosystems deepen, companies may access global investors while operating onshore. The result could be more competitive pricing, repeat issuance, and a steadier pipeline of capital formation in India.

Will global banks ramp up participation at IFSC India?

Interest should rise if rules are clear, products meet client needs, and infrastructure is reliable. Watch for new units, market-making desks, and mandates. Broader participation from dealers, custodians, and funds can tighten spreads and deepen liquidity, which benefits issuers and investors using GIFT City platforms.

What should retail investors track next?

Follow official circulars, product lists, and disclosure standards at the IFSC. Look for signs of stable liquidity, lower costs, and credible intermediaries. Avoid rushing into complex products. Start with regulated offerings, understand taxation, and reassess as the marketplace shows consistent depth and execution quality.

Law and Government

February 15: Uday Kotak Named GIFT City Chair, IFSC Growth in Focus

ByDanny Kontos February 15, 2026

Uday Kotak is now Chairman of GIFT City, India’s IFSC in Gandhinagar, Gujarat, replacing Hasmukh Adhia. Investors should watch for faster reforms, a clearer listings pipeline, and deeper global bank participation. These shifts can shape capital flows and India’s role as a Gujarat finance hub. The appointment has been reported by Times of India source and Reuters source. We outline practical signals, timelines, and risks so retail investors can track policy execution and market depth with clarity.