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Added on : 2024-02-16 10:48:29

The Reserve Bank of India (RBI) and Nepal Rastra Bank (NRB) have inked the Terms of Reference for integrating the Unified Payments Interface (UPI) of India with the National Payments Interface (NPI) of Nepal, aiming to streamline cross-border remittances. 

This collaboration is designed to enable users of both systems to conduct instant, cost-effective fund transfers between India and Nepal.

Editor & Publisher : Dr Dhimant Purohit


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