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Axis Bank Ltd will open an international finance branch at the International Financial Services Center (IFSC) in Gujarat International Finance Tech (GIFT) City. This was announced by the bank’s MD & CEO Shikha Sharma on Saturday. Currently, leading private and public sector banks from the country — Yes Bank, ICICI Bank, Federal Bank, IDBI Bank, IndusInd Bank, State Bank of India and Kotak Mahindra Bank — have set up their international banking units in GIFT SEZ, doing business transactions of over $1 billion. Our Bureau
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