The International Financial Services Centres Authority (IFSCA) on October 22, 2026, has specified Graphics Processing Units (GPUs) and connected data centre equipment as eligible equipment for operating lease arrangements, including hybrid operating and financial leases, as financial products.
The definition of GPUs includes general-purpose GPUs, AI accelerators, tensor and neural processing units, accelerated computing equipment and rack-scale AI systems, including integrated compute trays, switch trays and CPUs.
Connected data centre equipment includes processors, controllers, servers, storage, networking, interconnect and power equipment, along with their parts and accessories, provided they are dedicated to and directly associated with GPUs. Equipment serving the data centre facility as a whole is excluded.
The notification has been issued under Section 12 of the IFSCA Act, 2019, read with Central Government Notification S.O. 5199(E) dated December 14, 2021, and comes into force from the date of its publication in the Official Gazette.
[Notification No. IFSCA/GN/2026/017]
