Overseas Secretaries’ of India, Nepal meet; focus on bilateral ties and growth tasks

As a part of his two-day go to to Nepal, Overseas Secretary Vikram Misri met his Nepalese counterpart Sewa Lamsal on Monday. Misri’s go to is critical because the international locations discover bilateral ties and developmental tasks, together with in hydropower and increasing connectivity. Misri additionally met Nepal’s Prime Minister Okay P Sharma Oli and … Read more

UPI service provider transactions in Nepal cross 100,000 milestone

NPCI Worldwide Funds Restricted (NIPL) has achieved a serious milestone by surpassing 100,000 cross-border Unified Funds Interface (UPI) Individual-to-Service provider (P2M) transactions in Nepal, the NIPL mentioned in a press release. NIPL is a world arm of the Nationwide Funds Company of India (NPCI). NIPL collaborated with Fonepay, Nepal’s largest cost community, to launch the … Read more

RBI places in place revised foreign money swap association framework for SAARC

The Reserve Financial institution of India, with the Authorities of India’s concurrence, has determined to place in place a revised framework on foreign money swap association for SAARC (South Asian Affiliation for Regional Cooperation) nations for the interval 2024 to 2027.  Underneath the framework for 2024-27, a separate INR (Indian Rupee) swap window has been … Read more

NPCI ties up with Nepal’s Fonepay for cross-border service provider funds

NPCI Worldwide Funds (NIPL), the worldwide arm of Nationwide Funds Company of India (NPCI) has entered into an settlement with Nepal-based fee community Fonepay Cost Service, for cross-border UPI transactions between India and Nepal. Additionally learn: RBI, Govt assist to gasoline fintech companies development: NPCI Chief Dilip Asbe The association will facilitate QR-code-based, person-to-merchant (P2M) UPI … Read more