Latest news with #NSEIX
Business Standard
6 days ago
- Business
- Business Standard
NSE IX and Cyprus Stock Exchange ink strategic MoU
NSE International Exchange (NSE IX), based in GIFT City, Gandhinagar, has signed a Memorandum of Understanding (MoU) with the Cyprus Stock Exchange (CSE), marking a new phase of collaboration between India and Cyprus. The agreement was formalized in Limassol during the roundtable event "Advancing a Strategic Economic Partnership", held as part of Prime Minister Narendra Modis visit to Cyprus and attended by H.E. Nikos Christodoulides, President of the Republic of Cyprus. The MoU sets the stage for wide-ranging cooperation between NSE IX and CSE. Key focus areas include cross and dual listings, co-development of innovative financial products, research and knowledge sharing, capacity building, fintech initiatives, and investor outreach programs. This partnership highlights the growing momentum to link Indian and European capital markets through GIFT City, strengthening Indias vision of establishing it as a premier global financial gateway. Ashishkumar Chauhan, MD & CEO, NSE, noted during the ceremony: "This MoU paves the way for collaboration in dual and cross listings, joint development of innovative financial products, and cooperation in research, training, and capacity-building initiatives. It opens doors for outreach programs and future engagements in other areas of mutual interest. This partnership marks a new chapter in IndiaCyprus financial cooperation, involving Indias GIFT City as an international financial services center and promoting capital market innovation and global investor access for both countries." V. Balasubramaniam, MD & CEO, NSE International Exchange, added: "NSE IX's collaboration with the Cyprus Stock Exchange is a strategic step towards building robust cross-border market infrastructure. With our shared vision of enhancing international financial connectivity, this MoU will drive long-term value for investors and institutions across Europe and India."
Time of India
7 days ago
- Business
- Time of India
NSE IX signs MoU with Cyprus stock exchange to boost cross-border market ties
The NSE International Exchange ( NSE IX ), based in GIFT City has signed a memorandum of understanding ( MoU ) with the Cyprus Stock Exchange (CSE). The strategic partnership was formalized during Prime Minister Narendra Modi 's state visit to Cyprus and witnessed by Cyprus President HE Nikos Christodoulides, during a high-level roundtable titled 'Advancing a Strategic Economic Partnership' in Limassol. This MoU aims to enhance bilateral capital market collaboration through a range of initiatives, including cross and dual listings of financial instruments, joint development of innovative financial products, fintech engagement, and mutual research and training programs. It also marks a symbolic push to connect the Indian capital markets with their European counterparts through the emerging global financial hub of GIFT City. Welcoming the development, Prime Minister Modi said, 'I am pleased to know that the Cyprus Stock Exchange and NSE have agreed to collaborate in Gujarat's GIFT City,' underlining the significance of the partnership in India's broader goal to internationalize its financial markets. Live Events Ashishkumar Chauhan, Managing Director and CEO of the National Stock Exchange, called the MoU a milestone agreement. 'This paves the way for collaboration in dual and cross listings, innovative product development, and shared research, training, and outreach initiatives. It also promotes broader global investor access through GIFT City,' Chauhan said. V Balasubramaniam, MD & CEO of NSE IX, emphasized the strategic importance of the agreement. 'This collaboration with the Cyprus Stock Exchange is a key step in building robust, cross-border market infrastructure. It reflects a shared vision to enhance international financial connectivity and drive value for investors and institutions in both India and Europe,' he said. As India positions GIFT City as a global financial hub, this partnership is expected to open new avenues for capital flows, technology exchange, and financial innovation, particularly by leveraging Cyprus's gateway status in the European Union. ETMarkets WhatsApp channel )
Economic Times
7 days ago
- Business
- Economic Times
NSE IX signs MoU with Cyprus stock exchange to boost cross-border market ties
The NSE International Exchange (NSE IX), based in GIFT City has signed a memorandum of understanding (MoU) with the Cyprus Stock Exchange (CSE). ADVERTISEMENT The strategic partnership was formalized during Prime Minister Narendra Modi's state visit to Cyprus and witnessed by Cyprus President HE Nikos Christodoulides, during a high-level roundtable titled 'Advancing a Strategic Economic Partnership' in Limassol. This MoU aims to enhance bilateral capital market collaboration through a range of initiatives, including cross and dual listings of financial instruments, joint development of innovative financial products, fintech engagement, and mutual research and training programs. It also marks a symbolic push to connect the Indian capital markets with their European counterparts through the emerging global financial hub of GIFT the development, Prime Minister Modi said, 'I am pleased to know that the Cyprus Stock Exchange and NSE have agreed to collaborate in Gujarat's GIFT City,' underlining the significance of the partnership in India's broader goal to internationalize its financial markets. Ashishkumar Chauhan, Managing Director and CEO of the National Stock Exchange, called the MoU a milestone agreement. 'This paves the way for collaboration in dual and cross listings, innovative product development, and shared research, training, and outreach initiatives. It also promotes broader global investor access through GIFT City,' Chauhan said. ADVERTISEMENT V Balasubramaniam, MD & CEO of NSE IX, emphasized the strategic importance of the agreement. 'This collaboration with the Cyprus Stock Exchange is a key step in building robust, cross-border market infrastructure. It reflects a shared vision to enhance international financial connectivity and drive value for investors and institutions in both India and Europe,' he India positions GIFT City as a global financial hub, this partnership is expected to open new avenues for capital flows, technology exchange, and financial innovation, particularly by leveraging Cyprus's gateway status in the European Union. ADVERTISEMENT
Economic Times
10-06-2025
- Business
- Economic Times
DFCC Bank's green bond debut first foreign corporate issuer at GIFT IFSC
DFCC Bank PLC became the first foreign corporation to list green bonds on NSE IX at GIFT IFSC, raising LKR 2.5 billion for solar energy projects. This supports Sri Lanka's renewable goals and strengthens regional sustainable finance partnerships between India and Sri Lanka under IFSCA's green finance vision. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Sri Lanka's DFCC Bank PLC has become the first foreign corporate issuer to list green bonds on the NSE International Exchange (NSE IX) at GIFT IFSC . The green bonds, valued at LKR 2.5 billion, are Sri Lanka's first capital market debt instruments dedicated to renewable energy, focusing primarily on funding solar energy bonds align with Sri Lanka's goal of generating 70% of its electricity from renewable sources by 2030 and are already listed on the Colombo Stock listing on NSE IX reflects the IFSCA's broader vision of making GIFT IFSC a hub for sustainable and green finance, particularly for the Global at the event, K Rajaraman, Chairperson of IFSCA, emphasized the significance of this milestone. 'We are delighted, as a regulator, to support and facilitate this initiative by both NSE IX and DFCC Bank of Sri Lanka,' he said.'India and Sri Lanka are very important partners in the growth and stability of this region. We believe that strong economic relations between both countries will lay the foundation for greater economic progress in both nations.'Thimal Perera, CEO of DFCC Bank PLC, highlighted the importance of regional collaboration in sustainable finance . 'This listing reflects the growing relevance of regional financial partnerships in advancing meaningful progress,' he said.V Balasubramaniam, MD & CEO of NSE IX, welcomed DFCC Bank PLC as the first foreign corporate issuer at NSEIX and in GIFT IFSC.'I am confident that this listing will inspire more issuers from Sri Lanka and neighboring countries to explore opportunities in GIFT City,' he said. 'The IFSCA listing regulations are designed to support global fundraising, and NSE IX is proud to contribute to the vision of BIMSTEC business summits fostering regional collaboration through robust trade and investment.'NSE IX, established in 2017, continues to dominate the market with over 99% share in GIFT IFSC, offering a wide range of financial products.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
10-06-2025
- Business
- Time of India
DFCC Bank's green bond debut first foreign corporate issuer at GIFT IFSC
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Sri Lanka's DFCC Bank PLC has become the first foreign corporate issuer to list green bonds on the NSE International Exchange (NSE IX) at GIFT IFSC . The green bonds, valued at LKR 2.5 billion, are Sri Lanka's first capital market debt instruments dedicated to renewable energy, focusing primarily on funding solar energy bonds align with Sri Lanka's goal of generating 70% of its electricity from renewable sources by 2030 and are already listed on the Colombo Stock listing on NSE IX reflects the IFSCA's broader vision of making GIFT IFSC a hub for sustainable and green finance, particularly for the Global at the event, K Rajaraman, Chairperson of IFSCA, emphasized the significance of this milestone. 'We are delighted, as a regulator, to support and facilitate this initiative by both NSE IX and DFCC Bank of Sri Lanka,' he said.'India and Sri Lanka are very important partners in the growth and stability of this region. We believe that strong economic relations between both countries will lay the foundation for greater economic progress in both nations.'Thimal Perera, CEO of DFCC Bank PLC, highlighted the importance of regional collaboration in sustainable finance . 'This listing reflects the growing relevance of regional financial partnerships in advancing meaningful progress,' he said.V Balasubramaniam, MD & CEO of NSE IX, welcomed DFCC Bank PLC as the first foreign corporate issuer at NSEIX and in GIFT IFSC.'I am confident that this listing will inspire more issuers from Sri Lanka and neighboring countries to explore opportunities in GIFT City,' he said. 'The IFSCA listing regulations are designed to support global fundraising, and NSE IX is proud to contribute to the vision of BIMSTEC business summits fostering regional collaboration through robust trade and investment.'NSE IX, established in 2017, continues to dominate the market with over 99% share in GIFT IFSC, offering a wide range of financial products.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
