Minister meets agencies to discuss anti-scam measures

This is the first time that a ministry has taken the initiative in holding consultations with agencies regarding the rising scamming in the country.

24 October 2022

Ex-MP pays MVR 4m debt in recovery suit

In its letter to the court, MIB said that in view of the complaint filed against Nihan and Inan, the money sought by the bank has been collected.

25 January 2023

Instant payment system trials begin

The instant payment system is designed to make financial transactions easy and secure with the help of modern technology.

26 July 2023

2 more banks join MMA's instant payment system

The MMA said the banks will start pilot testing of 'Favara' from next Wednesday with the agreement signed on Sunday.

6 November 2023