Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday met with Thomas Jordan, the Chairman of Governing Board, Swiss National Bank, during the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting.
India and Singapore have completed technical preparations to link their fast payment systems UPI and PayNow to enable fund transfers between the two countries instantaneously and at low cost, a move which is aimed at benefitting migrant workers.
New Delhi [India], September 14 (ANI): The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to link their fast payment systems -- Unified Payments Interface (UPI) and PayNow.