According to data released by the National Payments Corporation of India (NPCI), Paytm Payments Bank Ltd emerged as the biggest receiver of UPI amount in the October to December 2021 quarter.
Reserve Bank of India has approved Fino Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS).
The Navies of India and Japan conducted a major maritime partnership exercise in the Bay of Bengal to improve defence collaboration between the two nations.