The International Financial Services Centres Authority (IFSCA) has allowed Banking Units (BUs) to transfer assets to/from other financial institutions, persons resident in India and persons resident outside India through any internationally recognised standard risk participation agreement.The International Financial Services Centres Authority (IFSCA) has allowed Banking Units (BUs) to transfer assets to/from other financial institutions, persons resident in India and persons resident outside India through any internationally recognised standard risk participation agreement.taxmann.com NewsRead More