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Offshore vs Onshore INR

Offshore INR markets operate outside India and are cash-settled without physical currency delivery, while onshore INR markets operate under Reserve Bank of India (RBI) regulations.

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GIFT IFSC enables offshore INR activity to be conducted within an Indian regulatory jurisdiction under the oversight of IFSCA.

From its base in GIFT IFSC, Crest actively contributes to the development of transparent and regulated offshore INR liquidity.

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