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Economy, I.R.
Pradeep Kumar

10/07/21 11:00 AM IST

Financial Market dialogue

In news

India and the United Kingdom (UK) held the inaugural meeting of the India-UK Financial Markets Dialogue (‘the Dialogue’) virtually.
  • The Dialogue was established at the 10th Economic and Financial Dialogue (EFD) in October 2020 to deepen bilateral ties in the financial sector.
  • Following the government-to-government discussion on these issues, private sector partners were invited to the discussion.
  • The City of London Corporation’s Capital Markets Working Group presented their work on the Indian corporate bond market, and the India-UK Financial Partnership presented their recommendations on the UK-India financial services relationship, particularly on development of GIFT City as global services hub.

Themes of discussion

  • GIFT (Gujarat International Finance Tec-City) City, India’s flagship international financial centre,
  • banking and payments,
  • insurance, and
  • capital markets
Source: PIB

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