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Tuesday, October 01, 2013

Mumbai slips to 72nd rank on global financial centre list

Indicating worsening business conditions in India, Mumbai has slipped six places to 72nd rank, the bottom 10, on theGlobal Financial Centre Index (GFCI), while London has retained its top slot. 

Mumbai is the only Indian city to find a place on this bi-annual list of 80 financial centres globally and was ranked 66th in its previousedition published in March this year. 

In the top-five, London is followed by New York, Hong Kong, Singapore and Tokyo. 

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