IFSCA Banking Handbook Conduct of Business Directions- v 4.0.

The direction set out the framework for setting up and permitted activities for Global Administrative Office (GAO) in IFSC. Banking company incorporated in India or outside India and having an IBU or Representative Office (RO) in IFSC is also permitted to set up an GAO. The GAO shall be located in IFSC, but not on the same or contiguous premises as its IBU, unless specifically permitted by the Authority.