The RBI has launched 'the RBI Retail Direct' scheme for retail investors, through which they can directly buy and sell government securities (G-Secs) both primary and secondary.
The International Financial Services Centres Authority has issued a framework for setting up and operating the International Trade Finance Services platform.
Bhutan becomes the first country, in India's immediate neighbourhood, to use the BHIM app for mobile-based payments and "to adopt UPI standards for its QR deployment".
EXAMIANS