Source: IE
Context:
The 38th edition of the Global Financial Centres Index (GFCI 38) was released in October 2025 by the China Development Institute (Shenzhen) and Z/Yen Partners (London). GFCI evaluates 135 financial centres worldwide using 140 instrumental factors from organizations like the World Bank, OECD, and UN, along with 28,549 survey assessments.
GIFT City Performance:
- Rank: Improved from 46th to 43rd globally.
- FinTech Ranking: Rose from 40th to 35th, reflecting growing investor confidence in India’s IFSC.
- Asia-Pacific Standing: Among the top 15 financial hubs in the region and the only Indian city featured.
Global Financial Centres Highlights:
- Top 5 Centres:
- New York, USA – 766 points
- London, UK – 765 points
- Hong Kong, China – 764 points
- Singapore – 763 points
- San Francisco, USA – 749 points
- Indian Financial Centres: Mumbai – 46th, New Delhi – 54th.
- Asia-Pacific Trends: Six centres in the top 15, average rating increased by 1.27%. Beijing was the only city to see a decline.
- New Entrant: Labuan, Malaysia – 60th position.
Significance:
- GIFT City’s rise demonstrates India’s strengthening global competitiveness in financial services and FinTech.
- Signals investor trust in the regulatory framework, infrastructure, and operational efficiency of India’s IFSC.





