The IFSC Banking Unit (IBU) of Deutsche Bank AG is located in Ahmedabad's Gujarat International Finance-Tec City (GIFT City), and Prime Minister Narendra Modi inaugurated it.

• According to Deutsche Bank AG, the IBU will first offer financial products in the fields of trade finance, fixed income, and currencies.
• The IBU will provide all authorized international finance products to Deutsche Bank's clients in India and internationally, according to a release.
• Additionally, within the confines of the current legislation, it will permit cash pooling and other deposit proposals for Indian and overseas clients.