RBI Joins ‘Project Nexus’ for Instant Cross-Border Retail Payments
July 2, 2024
RBI Joins ‘Project Nexus’ for Instant Cross-Border Retail Payments Sub: Economy Sec: Monetary Policy Overview: The Reserve Bank of India (RBI) has joined “Project Nexus”, an international initiative to enable instant cross-border retail payments by interlinking domestic Fast Payment Systems (FPSs). About Project Nexus: Conceptualization: Developed by the Innovation Hub of the Bank […]