Christopher J Waller of the US Federal Reserve has voiced reservations about linking domestic fast payment systems like UPI to facilitate global transactions, citing potential risk management issues. Although the Fed has started FedNow, bilateral arrangements appear complex. However, India's RBI remains hopeful about connecting FedNow with UPI to improve remittances.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/P30vHxX
Subscribe to:
Post Comments (Atom)
Dow soars over 1,300 pts, Sensex 900 pts
Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
Collecting Lego — yes, the plastic toys made of interlocking bricks that become cars and castles and robots —returned more than large stocks...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
No comments:
Post a Comment