Finance Minister, RBI Governor co-chair BRICS meet on payments, stability

Finance ministers and central bank leaders from BRICS countries, including India, held a big meeting.

BRICS is a group of countries that work together on money and trade.

India's Finance Minister Nirmala Sitharaman and the head of India's central bank, Sanjay Malhotra, led the meeting.

They talked about how to keep money and banks safe and stable.

They also discussed making it easier to send money between countries.

The leaders talked about helping countries that need money quickly when they face short-term money troubles.

Central banks are important because they protect the value of money and keep banks working well.

After the meeting, Sitharaman spoke separately with Indonesia's finance official, Juda Agung.

They talked about trading more with each other and using each other's currencies.

These talks help countries work together and stay strong during uncertain economic times.