What is an International Financial Services Company (IFSC)? Under the Special Economic Zones Act of 2005, the Central Government established a framework for the establishment of an IFSC. The IFSC was created to allow financial service companies to offer foreign currency financial services and products to their consumers (i.e. non-INR currencies). For the purposes of India's exchange c... https://www.adpost.com/in/business_products_services/878120/