K. Rajaraman’s Tenure as IFSCA Chairman Extended

K. Rajaraman’s Tenure as IFSCA Chairman Extended

Key Points

• K. Rajaraman's tenure as IFSCA Chairperson was extended until 24 October 2028.
• He is a retired 1989-batch IAS officer of Tamil Nadu cadre.
• Became the first full-time IFSCA Chairperson in October 2023.
• IFSCA was established in April 2020 under the IFSCA Act, 2019.
• Headquarters: GIFT City, Gandhinagar, Gujarat.
• IFSCA regulates and develops financial products, financial services and financial institutions in India's International Financial Services Centres (IFSCs).

UPSC Focus: IFSCA + GIFT City + financial regulation.