Reserve Bank of India has approved Fino Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS).
The Union Minister of Social Justice and Empowerment, Dr. Virendra Kumar launched a central sector scheme named the Scheme for Economic Empowerment for DNTs, (SEED) at Dr. Ambedkar International Centre, New Delhi.
Ratings and research firm Icra has estimated that India's economy will grow at 9% in FY22 and FY23 amid the uncertainty triggered by the Omicron variant of Covid-19.