![RBI clips wings of IFSCA’s GIFT City banking plans](https://images.assettype.com/fortuneindia%2F2021-02%2Ff6db52a0-4aa6-4479-8624-bca943ceb14d%2FHK665C.jpg?w=300&q=95)
RBI clips wings of IFSCA’s GIFT City banking plans
A potential tiff between regulators, policy restrictions, and likely legal hassles have delayed the proposed launch of foreign currency accounts by a slew of banks.
A potential tiff between regulators, policy restrictions, and likely legal hassles have delayed the proposed launch of foreign currency accounts by a slew of banks.