India’s central bank has directed SBM Bank India to stop all outward remittance transactions in a blow to the bank and many of its fintech partners that offer services allowing users to invest in foreign services. The Reserve Bank of India said in a brief statement Monday that it has ordered SBM Bank India to […]
India central bank orders SBM local unit to stop outward remittance transactions by Manish Singh originally published on TechCrunch...