RBI convenes third BRICS FinTech working group meeting to address global financial cooperation

Source: The Tribune | Original Published At: 2026-05-15 07:30:26 UTC

Key Points

• The Reserve Bank of India conducted the Third Meeting of the BRICS FinTech Working Group virtually on May 13, 2026.
• The meeting followed the third BRICS Payment Task Force meeting (Track II and Track III) held on May 12, 2026.
• The technical sessions took place alongside the BRICS Foreign Ministers' Meeting hosted at Bharat Mandapam in New Delhi.
• External Affairs Minister S. Jaishankar joined foreign ministers from Russia, Iran, Indonesia and other BRICS nations for the high-level meeting.
• Prime Minister Narendra Modi emphasized BRICS as a key platform for deeper cooperation among emerging economies and the Global South.
• BRICS comprises 11 member countries: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, UAE, Indonesia, and Saudi Arabia.