Question
What is the name of the NPCI arm that signed a
remittance agreement with Bahrain’s BENEFIT company?Solution
NPCI International Payments Ltd. (NIPL), the international arm of NPCI, signed an agreement with Bahrain’s BENEFIT to enable real-time cross-border remittances between India and Bahrain using UPI and EFTS (Fawri+ service).
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The Reserve Bank has given its approval to SBI Mutual Fund (SBI MF) for acquiring up to 9.99% of the paid-up share capital or voting rights of which ban...
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