November 16, 2014 9:53 PM
G20 vows to slash cost of transferring remittances to 5%
The G-20 today pledged to take strong practical measures to reduce the global average cost of transferring remittances to five per cent.India pushed for a reduction in the remittance costs of non-residents at the G-20 summit that ended this afternoon.India had asked G-20 to work on steps to reduce c...