A transformative pact was sealed in New Delhi on Wednesday between NSE International Exchange (NSE IX) and the Finance Industry Development Council (FIDC), heralding new eras for NBFC financing via GIFT IFSC.
Renowned as NBFCs’ self-regulatory guardian, FIDC collaborates with NSE IX—a GIFT-based global multi-asset venue—to streamline capital access. NBFCs can now list debt tools and financial offerings seamlessly, addressing chronic funding gaps with advanced products.
This synergy prioritizes long-haul capital needs through novel debt and equity channels. NSE IX leader V. Balasubramaniam highlighted how the FIDC network amplifies platform prowess, yielding capital influx, liquidity boosts, and expansion momentum.
FIDC head Mahesh Thakkar proclaimed it historic, liberating NBFCs to curate capital, currencies, tools, and visions—ideal for international strides. Avenues unlocked: overseas debt, global bonds, bespoke debts, investor globals, equity variants.
‘Endless funding needs find solace here; capital signifies profound trust,’ Thakkar affirmed.
NSE IX, GIFT-rooted since June 5, 2017, with IFSCA backing and 99.7% market sway, proffers derivatives galore—stocks, indices, currencies, DRs, world stocks—and primaries encompassing shares, SPACs, REITs, InvITs, debts, ESG bonds.
This alliance promises to invigorate NBFC vitality, cementing GIFT IFSC’s global appeal and fostering a robust, confident financial frontier.