The International Financial Services Centres Authority (IFSCA), Government of India, NSE International Exchange (NSE IX), and CareEdge Global, in collaboration with the High Commission of India in Colombo, Indo-Lanka Chamber of Commerce and Industry (ILCCI), TWCorp (Pvt) Ltd, and the Indian CEO Forum (ICF), organised an event titled, “Credit and Capital: Building Trust through Ratings and Regulations” on Friday in Colombo.
The chief guest was Deputy Minister of Finance and Planning, Dr. Harshana Suriyapperuma. Key stakeholders, including representatives of the Government, Indian and Sri Lankan banks, IFSCA, NSE IX, CareEdge Global, members of various trade chambers, media, and think tanks were present.
The primary focus of the event was on India’s International Financial Services Centre (IFSC) at GIFT City, which offers access to global capital at competitive costs, attractive tax incentives, and a regulatory framework aligned with global best practices.
The event commenced with welcome addresses delivered by the High Commissioner of India to Sri Lanka, Santosh Jha and was followed by a detailed presentations by Executive Director, International Financial Services Centres Authority, Gujarat International Finance Tec-City, Pradeep Ramakrishnan, CEO, CareEdge Global Mrs. Revati Parag Kasture and CEO, NSE IE, Venkataramani Balasubramaniam offering insights into the evolving GIFT City ecosystem, credit rating mechanisms, and recent regulatory reforms that have enhanced its global competitiveness.
The National Stock Exchange also provided an overview of the listing requirements for companies seeking to access international capital markets through GIFT City.
