Bank of Maharashtra Gets RBI Approval to Open GIFT City Branch
ECONOMY & POLICY

Bank of Maharashtra Gets RBI Approval to Open GIFT City Branch

State-owned Bank of Maharashtra (BoM) announced that it has received approval from the Reserve Bank of India (RBI) to establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City. 

This branch will mark BoM's first international branch, conducting offshore banking operations from India. 

GIFT City, located in Gandhinagar, Gujarat, is India’s first IFSC, aligned with the government’s vision of making India a global financial hub. The centre aims to transform the financial ecosystem by offering world-class banking services locally, reducing dependence on offshore financial hubs. 

(millenniumpost)        

State-owned Bank of Maharashtra (BoM) announced that it has received approval from the Reserve Bank of India (RBI) to establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City. This branch will mark BoM's first international branch, conducting offshore banking operations from India. GIFT City, located in Gandhinagar, Gujarat, is India’s first IFSC, aligned with the government’s vision of making India a global financial hub. The centre aims to transform the financial ecosystem by offering world-class banking services locally, reducing dependence on offshore financial hubs. (millenniumpost)        

Next Story
Products

The Luxe Factor

A bathroom can be luxurious no matter if it is big or small, according to the architects CW spoke to. Here’s how they conceptualise luxury in bathrooms.Size doesn’t matterLuxury in bathrooms is a subjective concept, often dictated by the space and volume available, according to Sharmin Wade, Partner & Principal Architect, Studio SB. “We’ve designed luxurious bathrooms tailored to our clients’ needs, including a 200-sq-ft expanse.”However, she points out that even a smaller-sized bathroom can echo luxury. “Our Metamorphosis project bathroom spanning 45 sq ft also exemplifies u..

Next Story
Real Estate

Signature Global Prime Earns IGBC Platinum Certification for Sustainability

Signature Global (India) has achieved IGBC Platinum certification for its affordable housing project, Signature Global Prime, in Sector 63A, Gurugram. This milestone makes it one of the few affordable housing projects in India to earn the prestigious recognition.Spread over 5.7 acre, Signature Global Prime consists of 817 residential and 118 high-street retail units. The project advanced from Gold to Platinum certification by excelling in energy efficiency, water conservation, eco-friendly materials, and sustainable design.Lalit Aggarwal, Co-founder & Vice Chairman, stated, ""This achievem..

Next Story
Real Estate

Merino’s Special Laminates: Redefining Modern Interiors

Merino’s Special Laminates offer a perfect blend of aesthetics, durability, and functionality, making them a preferred choice for architects and designers. With diverse textures, patterns, and finishes, these laminates cater to varied design preferences—from minimalistic to bold interiors.Diverse Product RangeMerino’s collection includes:Sampada: Traditional Indian-inspired patterns.Luvih: Satin-smooth, fingerprint-resistant matte laminates.Infusio: High-definition, vibrant surface designs.Laminature: Realistic natural textures.Metalam: Sleek metallic finishes.Tuff Gloss MR+: High-gloss,..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?