On Wednesday, Citi opened a branch in Gujarat International Fintech City – International Financial Services Centre (GIFT-IFSC). The branch will provide long-term and short-term financing solutions to corporate clients through the IFSC branch while providing international financial banking experience within the India Standard Time (IST) zone.

The branch will provide external commercial borrowing and trade loans to meet the foreign currency financing needs of multinational corporations, large local enterprises and financial institutions, and emerging medium-sized enterprises. “Our IFSC affiliates will improve customer experience and turnaround time.

We closely follow the rapid development of this dynamic financial hub and are excited about the opportunities that GIFT-IFSC brings to Citi,” said Ashu Khullar, CEO of Citi India.