GIFT City Rakes in 65% of ECBs with Sweet Tax Breaks

In FY26, GIFT City is making waves by snagging 65% of external commercial borrowings, totaling a jaw-dropping $27.5 billion! Thanks to sweet tax breaks and friendly rules, it's the new hot spot for funding. With big banks jumping in, who wouldn’t want a 10-year tax holiday on interest payments? GIFT IFSC is the place to be for easy money!