BIS

RBI joins ‘Venture Nexus’ to allow prompt cross-border retail funds

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The Reserve Financial institution of India mentioned it has joined “Venture Nexus”, a multilateral worldwide initiative to allow prompt cross-border retail funds by interlinking home Quick Funds Methods (FPSs). Nexus, conceptualised by the Innovation Hub of the Financial institution for Worldwide Settlements (BIS), goals to attach the FPSs of 4 ASEAN international locations (Malaysia, Philippines, … Read more

FSSAI approves amendments in rules to eliminate Agmark, BIS certification for meals merchandise

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The Meals Security and Requirements Authority of India (FSSAI) on Monday mentioned that numerous amendments in meals security rules have been accredited to to eliminate Bureau of Indian Requirements (BIS) or Agmark certifications for meals merchandise. In keeping with the idea of “One Nation, One Commodity, One Regulator”, the meals security authority mentioned that when … Read more