Reserve Bank of India has approved Fino Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS).
Prime Minister Narendra Modi will lay the foundation stone of PGI Satellite Centre at Ferozepur, Punjab. The PGI Satellite Centre will be built at a cost of over Rs 490 crore.
TerraPay has signed an MOU with NPCI International Payments Limited (NIPL) that will allow Indian customers with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay's secure payments technology.