IFSCA issues RFP for Supervisory Technology (SupTech) System
A robust financial regulatory regime which can facilitate international financial transactions is the need of the hour for India. Discuss the importance of establishment of the International Financial Services Center in India, in this context. (150 Words)
Approach:
- Introduce by giving data on financial services in India
- Enumerate the benefits of international financial transactions for India
- Enumerate importance of establishment of International Financial Service Center in India
- Conclusion
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