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.
DBS Bank has launched real-time online tracking for cross-border payments for its corporate clients, in partnership with SWIFT Global Payments Innovation (GPI).
The Government of India has proposed to institutionalise the India-Africa Defence Dialogue, as a regular event, to be held on the sidelines of the biennial DefExpo military exhibition.