Question

Which Life insurance company has become the  first Indian life insurance company to receive the registration to undertake life insurance business in the Gujarat International Finance Tec (GIFT) City International Financial Services Centre (IFSC)?

A HDFC Life Insurance Correct Answer Incorrect Answer
B IndiaFirst Life Insurance Correct Answer Incorrect Answer
C SBI Life Insurance Correct Answer Incorrect Answer
D Max Life Insurance Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

  IndiaFirst Life Insurance Company Ltd (IndiaFirst Life), has become the first Indian life insurance company to receive the registration to undertake life insurance business in the Gujarat International Finance Tec (GIFT) City International Financial Services Centre (IFSC).  IndiaFirst Life’s entry  into the hi-tech and ultra-modern financial ecosystem of GIFT City IFSC will help create value for the international customers, particularly NRIs (non-resident Indians) banking with our partner banks – Bank of Baroda and Union Bank of India.

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