India's NSE International Exchange (NSE IX) is preparing to list its first equity in a foreign currency this quarter. The exchange is located in Gujarat International Finance Tec-City (GIFT City).
The initiative aims to attract unlisted companies, including those with foreign holdings. This is part of India's plan to establish GIFT City as a global financial hub.
In June 2025, NSE IX signed a Memorandum of Understanding (MoU) with the Cyprus Stock Exchange (CSE) to promote cross-border financial collaboration. DFCC Bank PLC from Sri Lanka listed a green bond on NSE IX in June 2025.