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Bank of International Settlement (BIS)

RBI inks pact to link UPI with 4 ASEAN countries for instant cross-border retail payments

RBI inks pact to link UPI with 4 ASEAN countries for instant cross-border retail payments

Mon, Jul 01, 2024

Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI (Unified Payments Interface), with the fast payment systems of ASEAN members -- Malaysia, Philippines, Singapore, and Thailand. 

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No official estimate of black money: Jayant Sinha

No official estimate of black money: Jayant Sinha

Tue, May 03, 2016

Jayant Sinha pointed out that by applying another set of assumptions, the same economists have reportedly estimated Indian share in black assets at $4-5 billion.

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