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The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) signed between India and Singapore in June, 2018 on the constitution of a Joint Working Group (JWG) on FinTech. The Joint Working Group on FinTech between India and Singapore has been constituted for cooperation in the area of FinTech between the two countries.

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