merchant bankers in IFSC

IFSCA has vide its circular dated 25th June, 2021 laid down the fee structure for merchant bankers to operate in IFSC.

They are as follows:

a)Application fee of USD 1,000;

b)One-time registration fee of USD 25,000 for new registration;

c)Fee of USD 25,000 every three years post registration.

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