Bank of Baroda has secured registration from the International Financial Services Centres Authority (IFSCA) to conduct bullion trading at its IBU in Gift City, Gujarat. This registration allows the bank to operate as a Bullion Trading cum Clearing Member, enhancing its presence in the international financial hub. The registration was effective as of September 23, 2025.
Bullion Trading Approval
Bank of Baroda has successfully registered with the International Financial Services Centres Authority (IFSCA) to facilitate bullion trading. This allows the bank to operate its IBU (International Banking Unit) within Gift City, Gujarat.
Operations as Clearing Member
The registration enables Bank of Baroda to function as a Bullion Trading cum Clearing Member. The official registration number is IFSC/ Bullion TM-CM/2025-26/025. With this approval, Bank of Baroda is poised to expand its financial services within the international financial hub.
Source: BSE
