The strategic partnerships were formalized in the presence of senior officials from all three organizations, marking a significant step towards strengthening India's alternative capital markets ecosystem and enhancing its global financial integration.
At the 4th India-Central Asia Dialogue held in New Delhi on Friday, India and the Foreign Ministers of five Central Asian nations reaffirmed their commitment to deepening cooperation through enhanced connectivity and human resource development through the International North-South Transport
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU) in Mumbai to establish a framework to promote the use of their respective local currencies, the Indian Rupee (INR) and the Maldivian Rufiyaa (MVR).