RBI-NRB Pact: UPI-NPI Linkage Impact on Cross-Border Transactions and Banking Aspirants
RBI and Nepal Rastra Bank Sign Pact for UPI-NPI Linkage In a significant development, the Reserve Bank of India (RBI) and the Nepal Rastra Bank (NRB) have recently inked a crucial pact aimed at establishing a linkage between the Unified Payments Interface (UPI) and Nepal’s National Payments Interface (NPI). This collaboration is poised to have…