CM appoints high-profile panel to set up IFC in Mumbai

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Asserting that the state has an important responsibility to work closely with the Centre to create a framework to make Mumbai a credible competitor among other international financial services centres (IFSCs), Maharashtra Chief Minister Devendra Fadnavis set up a high powered task force. The task force will devise the roadmap for development of IFSC.

The task force would be co-chaired by Deutsche Bank co-ceo Anshu Jain and SBI chairperson Arundhati Bhattacharya. "Did a brain-storming session through Video Conferencing for setting up of International Financial Services Centre in Mumbai," Fadnavis tweeted late tonight.