Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project under which the two central banks will link their respective fast payment systems viz, Unified Payments Interface (UPI) and PayNow.
The Tamil Nadu Assembly passed a bill that makes the encroachment of properties belonging to religious institutions a cognizable and non-bailable offence.
DBS Bank has launched real-time online tracking for cross-border payments for its corporate clients, in partnership with SWIFT Global Payments Innovation (GPI).
EXAMIANS