Answer: 43rd
Notes: Recently, Gujarat International Finance Tec-City (GIFT City), India’s only International Financial Services Centre (IFSC), climbed three ranks to 43rd in the Global Financial Centres Index (GFCI 38). In the FinTech Index, it rose five places to 35th, showing strong growth in innovation and regulation. The GFCI 38, released by the Z/Yen Group, assessed 135 financial centres using 140 global indicators from the World Bank, OECD, and the United Nations. GIFT City remains among the top 15 centres in the Asia-Pacific and is the only Indian city in the list. It is also featured among the “15 centres likely to become more significant” globally, reflecting India’s rising influence in international finance.
