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India’s Axis Bank uses RippleNet to facilitate payments between Singapore and the UAE

The Singapore-India trade corridor is worth $15 billion annually. Retail remittances between the UAE and India – thanks to the large Indian workforce in the UAE that send a significant proportion of their salaries home every year — amounts to nearly $12.6 billion annually. To meet this increasing demand for real-time payment services, Axis Bank […]

India to soon trade in rupee with UAE, Malaysia and Nigeria


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