Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and Yes Bank have signed a memorandum of understanding to further foster cross-border exchange between the fintech ecosystems of the United Arab Emirates and India.
The collaboration will enable fintech innovators from the Middle East region and India to apply into Yes FinTech programmes and the ADGM’s Regulatory Laboratory and will get the opportunity to expand into each other’s markets.
Must Do Takeaways from the above News:
- Abu Dhabi Global Market is an international financial centre located on Al Maryah Island in the heart of the UAE’s capital city, Abu Dhabi.
- YES BANK was founded by Rana Kapoor in 2004.
- Rana Kapoor is the founder, Managing Director and CEO of Yes Bank.
- The Headquarter of Yes Bank is in Mumbai.
Source- The Economic Times