New Delhi, Feb 6 (IANS) The Unified payments interface (UPI) is now live in over eight countries, including the UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius and Qatar, positioning India as a global leader in digital payments, the Parliament was informed on Friday.UPI’s growing international adoption is boosting remittances, promoting financial inclusion, and strengthening India’s position in the global fintech landscape.Moreover, the government has signed MoUs/agreements with 23…
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New Delhi, Jan 14 (IANS) The Finance Ministry’s Department of Financial Services, in association with public sector banks, on Wednesday launched a composite ‘Salary Account Package for Central Government Employees’, aimed at enhancing their financial well-being and social security, according to an official statement.The initiative will provide Central government employees a comprehensive suite of banking and insurance benefits under a single, seamless account structure. The packages have been …
New Delhi, Dec 23 (IANS) India and New Zealand have concluded negotiations on the Financial Services Annex of the Free Trade Agreement (FTA), marking a significant milestone in strengthening bilateral economic and strategic cooperation, according to a Finance Ministry statement issued on Tuesday.The India-New Zealand Financial Services Annex marks a notable advancement over standard GATS (General Agreement on Trade in Services) commitments, involving a total of 18 articles, the statement explain…