Union finance minister Nirmala Sitharaman met US Treasury Secretary Janet Yellen ahead of the first G20 Finance Minister and Central Bank Governors meeting to be held in Bengaluru -- starting Friday.
UK Chancellor of the Exchequer Jeremy Hunt is in Bengaluru to attend the G20 Finance Ministers and Central Bank Governors Meeting. This is his first overseas visit after becoming the Chancellor.
Road to policy for crypto assets, a symposium of digital public infrastructure, and enhancement of cross-border payment arrangements are among the agenda to be discussed today at the second Finance and Central Bank Deputies Meeting under India's G20 Presidency which is underway in Bengalu
Benchmark stock indices extended their losses from the previous session as market sentiments remain subdued over global inflation and subsequent monetary policy actions by various central banks.
The G20 can make a significant contribution to finding pragmatic global solutions to these challenges through focused dialogue and deliberations and the Indian Presidency seeks to actively facilitate this, Thakur said.
The FMCBG meeting will be spread over two days with Union Finance Minister and RBI Governor Shaktikanta Das jointly steering the G20 FMCBG discussions under G20 India's Finance Track priorities, it added.
The chief said in a blog on Wednesday, "So, it's fitting that Group of Twenty finance ministers and central bank governors will gather in Bengaluru this week."
The second Finance and Central Bank Deputies Meeting under India's G20 Presidency began Wednesday in Bengaluru. Union Minister Anurag Thakur inaugurated and addressed the inaugural session of the meeting.
The statement from MAS said Liquid Group is the first non-bank financial institution to participate in Singapore's cross-border real-time payment system linkage via its LiquidPay e-wallet.
The first G20 Finance Ministers and Central Bank Governors meeting under India's G20 Presidency is scheduled to be held during February 24-25 in Bengaluru.