India, Bangladesh agree to settle bilateral trade transactions in rupee, taka: Report

Apr 20, 2023

In order to facilitate cross-country transactions, Sonali Bank and Eastern Bank will open accounts in the State Bank of India and ICICI Bank. The...

India, Bangladesh ties reach “new dimensions” with trade transactions in Rupees and Taka: Bangladeshi Minister

Jul 27, 2023

Bangladesh’s Minister for Information and Broadcasting, Hasan Mahmud on Thursday said that India and Bangladesh relations have reached “new dimensions” as the two countries...

India, UAE agree to integrate financial transactions

Aug 17, 2020

New Delhi [India], Aug 18 : Finance Minister Nirmala Sitharaman and UAE's Minister of State for Financial Affairs Obaid Al Tayer have agreed to...

Indian Railways promoting Digital India initiative to encourage digital transactions

Sep 22, 2022

New Delhi [India], September 22 : In order to promote the Digital India initiative, Indian Railways is facilitating digital methods of transactions for the...

RBI directs SBM Bank (India) to immediately stop remittance transactions

Jan 23, 2023

The Reserve Bank of India has directed SBM Bank (India) Ltd to stop all transactions under Liberalised Remittance Scheme (LRS) with immediate effect.

PhonePe processes over 970 million UPI transactions in February

Mar 02, 2021

Bengaluru (Karnataka) [India], Mar 2 : Digital payments platform PhonePe processed over 97 crore UPI transactions and over 10.7 crore total transactions across UPI,...