Bahrain and Maharashtra Government signed MoU on fintech

Posted on:08 Dec 2018 09:00:01
Bahrain and Maharashtra Government signed MoU on fintech
08 December 2018 Current Affairs: The Economic Development Board (EDB), the investment promotion arm of the Kingdom of Bahrain signed a Memorandum of Understanding (MoU) with the Maharashtra Government to provide a framework for Co-operation between the two authorities to promote FinTech in their respective markets.

The MoU is in line with the EDB’s aims of exploring greater synergies between Bahrain and India in the financial technology space and will last for an initial period of three years.
The Economic Development Board (EDB), the investment promotion arm of the Kingdom of Bahrain signed a Memorandum of Understanding (MoU) with the Maharashtra Government to provide a framework for Co-operation between the two authorities to promote FinTech in their respective markets.

The MoU is in line with the EDB’s aims of exploring greater synergies between Bahrain and India in the financial technology space and will last for an initial period of three years.

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