In order to make Mumbai a credible competitor among other international financial services centres (IFSCs), Maharashtra Chief Minister Devendra Fadnavis yesterday 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-operative Chief Executive Officer (co-ceo) Anshu Jain and SBI chairperson Arundhati Bhattacharya.
The Chief Minister, through a social networking site, tweeted late last night that he did a brain-storming session through Video Conferencing for setting up of International Financial Services Centre in Mumbai.