Ifsc Exchanges News Today

"We are coming up with payments regulations shortly, maybe in the next few months. This will enable regulated entities to provide these services to ensure instant settlement of payments," IFSCA Chairman K Rajaraman said while addressing the global fintech festival here. Currently, such payments are cleared through the banking system, which is time-consuming.

The existing legal framework in the country does not permit the direct listing of equity shares of companies incorporated in India on foreign stock exchanges.