Singapore, India to boost fintech collaboration

Monday, June 4, 2018

By Eileen Yu

Singapore and India have signed an agreement to explore opportunities for further collaboration in fintech services.

India’s Department of Economic Affairs (DEA) and Monetary Authority of Singapore (MAS) said they would set up a joint working group to be co-chaired by the latter’s deputy managing director Jacqueline Loh and India Department of Financial Services’ additional secretary Ravi Mital.

The working group also would comprise representatives of key stakeholders from both countries, including India’s Ministry of Electronics and Information Technology, Reserve Bank of India, Stock Exchange of India, as well as Singapore’s Smart Nation and Digital Government Office, Enterprise Singapore, and Ministry of Foreign Affairs.

Photo courtesy of Pui Shan Chan.

Source: ZDNet (link opens in a new window)