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India’s Unified Payments Interface (UPI) has integrated with PayNow to allow the India diaspora in Singapore to send remittances to recipients in India.
remittance, transactions , partnership, cross-border payments
UCO Bank, Axis Bank and Syndicate Bank have been fined by the Reserve Bank of India (RBI) for “deficiencies in regulatory compliance”.
UCO Bank, Axis Bank, Syndicate Bank, Reserve Bank of India, fines, India, regulation, fraud prevention