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Core Purpose

The Central Government re-appoints Shri K. Rajaraman as Chairperson of the International Financial Services Centres Authority (IFSCA) for a period beyond July 31, 2026.

Detailed Summary

The Ministry of Finance, Department of Economic Affairs, Financial Markets Division, issued Notification S.O. 4235(E) on July 30, 2026. This notification, exercising powers conferred by Section 5 (1) read with Section 6 (1) of the International Financial Services Centres Authority (IFSCA) Act, 2019 (No. 50 of 2019) and the International Financial Services Centres Authority (Salary, Allowances and other Terms and Conditions of Services of Chairperson and Members) Rules, 2020, formally re-appoints Shri K. Rajaraman, (Retd.) IAS (TN: 1989), to the post of Chairperson, International Financial Services Centres Authority (IFSCA). The re-appointment is for a period commencing beyond July 31, 2026, and continuing either until Shri Rajaraman attains the age of 65 years or until further orders, whichever occurs earlier. The notification was issued under File No. 4/1/2020-RE and signed by Dr. Alok Tiwari, Joint Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-30072026-274993 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 4064] NEW DELHI, THURSDAY, JULY 30, 2026/SHRAVAN 8, 1948 5887 GI/2026 MINISTRY OF FINANCE (Department of Economic Affairs) (FINANCIAL MARKETS DIVISION) NOTIFICATION New Delhi, the 30th July, 2026 S.O. 4235(E).— In exercise of the powers conferred by Section 5 (1) read with Section 6 (1) of nternational Financial Services Centres Authority (IFSCA) Act, 2019 (No. 50 of 2019) and the International Financial Services Centres Authority (Salary, Allowances and other Terms and Conditions of Services of Chairperson and Members) Rules, 2020, the Central Government hereby re-appoints Shri K. Rajaraman, (Retd.) IAS (TN: 1989) to the post of Chairperson, International Financial Services Centres Authority (IFSCA), for a period beyond 31.07.2026 till attaining the age of 65 years, or until further orders, whichever is earlier. [F. No. 4/1/2020-RE] DR. ALOK TIWARI, Jt. Secy.

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