The initiative will Support India's Expanding Global Financial Services Ecosystem
FinTech BizNews Service
Mumbai, July 23, 2026: Axis Trustee Services Limited (ATSL), one of India's leading trustee and fiduciary services providers, announced the inauguration of its new office in Gujarat International Finance Tec-City (GIFT City), reinforcing its strategic commitment to India's rapidly expanding international financial services ecosystem. The office was inaugurated in the presence of Mr. Pradeep Ramakrishnan, Executive Director, International Financial Services Centres Authority (IFSCA), Mr. Bipin Saraf, Chairman, Axis Trustee Services Limited, and Mr. Rahul Choudhary, Managing Director & CEO, Axis Trustee Services Limited.
Axis Trustee Services Limited (ATSL), a wholly owned subsidiary of Axis Bank, is a leading provider of trustee and fiduciary services in India. It offers a wide range of solutions across Debenture Trustee, Security Trustee, Escrow Agency, Securitization, and trustee services for AIFs (both Domestic & GIFT), InvITs, REITs, and P2P lending platforms, along with Escrow and Payout Management, TRA Agency roles, ESOP Trusts. With a strong focus on digital innovation and client-centricity, ATSL continues to set benchmarks in the evolving trustee ecosystem.The expansion strengthens ATSL's ability to support financial institutions, issuers, fund managers and investors operating within GIFT City by offering specialised trustee, agency and fiduciary solutions for both domestic and cross-border transactions.
The GIFT City office will support the Company's growing portfolio across Debt Capital Markets, Facility Agency, Security Trustees, Alternative Investment Funds (AIFs), Escrow Agency services, while also enabling newer opportunities emerging within the IFSC ecosystem, including cross-border structures and specialised fiduciary solutions.
The inauguration was followed by a roundtable conclave, with the keynote address by Mr. Pradeep Ramakrishnan, Executive Director, International Financial Services Centres Authority (IFSCA). The conclave was attended by senior industry participants who came together to discuss the evolving opportunities within the IFSC ecosystem, the growth of cross-border financial structures and fund platforms, and the role of strong governance and fiduciary frameworks in supporting the next phase of GIFT City’s development.
Speaking on the occasion, Mr. Bipin Saraf, Chairman, Axis Trustee, said:
"GIFT City is becoming an important gateway for global capital and international financial services. Our presence here reflects our long-term commitment to supporting this growth through strong governance, trusted fiduciary services and deep regulatory expertise. We believe this expansion will enable us to serve clients more effectively while contributing to India's emergence as a globally competitive financial centre."
Mr. Rahul Choudhary, Managing Director & CEO, Axis Trustee, added:
"This expansion brings us closer to clients operating within India's international financial ecosystem. As financial products and cross-border structures become more sophisticated, clients increasingly require trustee partners who combine regulatory expertise with technology-driven execution. Our GIFT City office strengthens that capability and positions us well for the next phase of growth."
The expansion comes at a time when GIFT City continues to attract increasing participation from global financial institutions, investment funds and international capital market participants. By strengthening its presence within the IFSC, Axis Trustee aims to play a larger role in enabling innovative financial structures and delivering governance-led fiduciary solutions aligned with evolving market and regulatory requirements.
