India’s market regulator SEBI has proposed allowing online bond platforms to offer overseas-listed debt products regulated by the International Financial Services Centres Authority (IFSCA). This move aims to expand access to foreign debt and boost Gujarat’s GIFT City as a global finance hub. SEBI also plans to permit these platforms to offer tax-saving bonds from state-owned companies.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets