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Federal Bank Ltd. - Federal Bank Partners Ripple To Accelerate Cross-Border Remittances - Intimation Under Regulation 30 Pursuant To SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

| Updated on March 28, 2019 Published on March 28, 2019

This is to inform Federal Bank has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross border remittance through its network. Powered by blockchain-enabled solution, the Ripple platform ensures cross-border transactions much safer and secured.
This partnership will help Federal Bank to explore new corridors where Ripple is aggressively pursuing new partnerships. In a meeting held today Mr. Shyam Srinivasan, Federal Bank MD & CEO and Mr. John Mitchell, Senior Vice President Ripple Inc, signed the agreements for the partnership.

Pdf Link: Federal Bank Ltd. - Federal Bank Partners Ripple To Accelerate Cross-Border Remittances - Intimation Under Regulation 30 Pursuant To SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Source : BSE - www.bseindia.com

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Published on March 28, 2019
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