India and Vietnam Forge Digital Payment Alliance to Revolutionize Cross-Border Transactions
On May 5, 2026, the Reserve Bank of India (RBI) and the State Bank of Vietnam (SBV) officially signed a Memorandum of Understanding (MoU) to accelerate cooperation in financial innovation and digital payments. This inter-governmental agreement, sanctioned by the Union Cabinet, aims to establish a seamless framework for cross-border QR code-based merchant transactions between the…
