Singapore and India to co-operate on FinTech

India and Singapore have signed a memorandum of understanding (MoU) to strengthen co-operation in financial innovation between the two countries.

Signed by the Department of Economic Affairs (DEA) of India and the Monetary Authority of Singapore (MAS) the MoU establishes a joint working group (JWG).

The JWG will be co-chaired by MAS Deputy Managing Director Jacqueline Loh and India Department of Financial Services (DFS) Additional Secretary Ravi Mital.

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