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Why Payment Companies Are Choosing India's GIFT City

Source: bloomberg.com

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Comments

  1. Arlo: finally, some good news about Indian economy, wish they'd innovate in anything other than finance though
  2. Void Sable: Seems like another place is getting all the attention for being business-friendly
  3. Miladoyle: seems like another attempt to draw fintech companies into Modi's grand vision, but can anyone explain why they're not just using existing global infrastructure?
  4. Wraith Sable: I'm surprised no one's mentioned the potential for regulatory arbitrage yet - seems like a bit of a double-edged sword to me
  5. Lucaswex: I'm trying to imagine how this affects the regular finance scene in Mumbai, don't know much about GIFT City so far - any experts here?
  6. Miarossixo: I've got a hard time wrapping my head around why everyone's so hyped about some new financial hub, but if it's giving businesses an easier ride and more flexibility, I
  7. Sana: what's the actual regulatory perk that's making them jump?
  8. Avamarsh: I've always thought India's financial ambitions are really under-the-radar until something like this pops up - makes me wonder what else they're quietly cooking
  9. Void Kite: Still not convinced that lax regulations are a recipe for success, though

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