{"id":14918,"date":"2024-02-18T11:14:43","date_gmt":"2024-02-18T05:44:43","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=14918"},"modified":"2024-02-18T11:14:45","modified_gmt":"2024-02-18T05:44:45","slug":"upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/","title":{"rendered":"RBI-NRB Pact: UPI-NPI Linkage Impact on Cross-Border Transactions and Banking Aspirants"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#RBI_and_Nepal_Rastra_Bank_Sign_Pact_for_UPI-NPI_Linkage\" >RBI and Nepal Rastra Bank Sign Pact for UPI-NPI Linkage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Why_this_News_is_Important\" >Why this News is Important<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Historical_Context\" >Historical Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#5_Key_Takeaways_from_RBI-NRB_Pact_for_UPI-NPI_Linkage\" >5  Key Takeaways from RBI-NRB Pact for UPI-NPI Linkage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Q1_How_does_the_RBI-NRB_pact_impact_cross-border_transactions\" >Q1: How does the RBI-NRB pact impact cross-border transactions?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Q2_Why_is_the_collaboration_between_RBI_and_NRB_important_for_banking_aspirants\" >Q2: Why is the collaboration between RBI and NRB important for banking aspirants?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Q3_How_does_the_UPI-NPI_pact_impact_financial_inclusion\" >Q3: How does the UPI-NPI pact impact financial inclusion?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Q4_What_historical_background_is_associated_with_the_UPI-NPI_linkage_agreement\" >Q4: What historical background is associated with the UPI-NPI linkage agreement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Q5_How_does_the_collaboration_impact_the_teaching_sector\" >Q5: How does the collaboration impact the teaching sector?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/upi-npi-linkage-explore-the-impact-of-the-rbi-nrb-pact-for-upi-npi-linkage-on-cross-border-transactions-financial-inclusion\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_and_Nepal_Rastra_Bank_Sign_Pact_for_UPI-NPI_Linkage\"><\/span>RBI and Nepal Rastra Bank Sign Pact for UPI-NPI Linkage<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">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&#8217;s National Payments Interface (NPI). This collaboration is poised to have far-reaching implications, especially for aspirants preparing for government exams in diverse sectors, including teaching, policing, banking, railways, defense, and civil services such as PSCS to IAS.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Paragraph 1: Introduction<\/em> This groundbreaking collaboration between RBI and NRB marks a pivotal moment in the financial ties between India and Nepal. The agreement revolves around the integration of UPI, a popular digital payments system in India, with Nepal&#8217;s NPI, fostering seamless cross-border transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Significance for Banking Aspirants For candidates eyeing positions in the banking sector, this development underscores the growing importance of digital payment systems. A comprehensive understanding of UPI and its integration with international counterparts like NPI becomes imperative for those aspiring to join the banking sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> Relevance for Civil Service Aspirants In the realm of civil services, from PSCS to IAS, aspirants need to stay abreast of such developments as they indicate the evolving dynamics of economic and diplomatic relations. Questions related to international collaborations in exams are not uncommon, making this pact a pertinent topic for civil service aspirants.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> Impact on Defense and Policing Exams Even in exams for defense and policing roles, where national security is paramount, knowledge about financial collaborations assumes significance. Understanding the implications of UPI-NPI linkage is crucial for aspirants in these domains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Railway Exam Considerations For candidates vying for positions in the railways, the integration of UPI with Nepal&#8217;s payment interface may influence the digital payment landscape within the railways, necessitating awareness among aspirants.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Teaching Positions and Technological Advancements In the teaching sector, where educators play a crucial role in shaping future generations, staying informed about technological advancements is vital. This collaboration exemplifies the intersection of finance and technology, making it relevant for those aspiring to teach.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\" id=\"RBI-NRB-pact-UPI-NPI-linkage\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/02\/RBI-NRB-pact-UPI-NPI-linkage-1024x576.jpg\" alt=\"RBI-NRB pact UPI-NPI linkage\" class=\"wp-image-14930\" title=\"RBI-NRB pact UPI-NPI linkage\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/02\/RBI-NRB-pact-UPI-NPI-linkage-1024x576.jpg 1024w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/02\/RBI-NRB-pact-UPI-NPI-linkage-300x169.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/02\/RBI-NRB-pact-UPI-NPI-linkage-768x432.jpg 768w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/02\/RBI-NRB-pact-UPI-NPI-linkage-600x338.jpg 600w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/02\/RBI-NRB-pact-UPI-NPI-linkage.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">RBI-NRB pact UPI-NPI linkage<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_this_News_is_Important\"><\/span><strong>Why this News is Important<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Facilitating Cross-Border Transactions The recent agreement between RBI and NRB holds paramount importance due to its potential to facilitate seamless cross-border transactions between India and Nepal. This not only streamlines financial interactions but also reflects the deepening ties between the two nations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Boosting Financial Inclusion This collaboration is a significant step towards boosting financial inclusion. By linking UPI and NPI, the pact aims to extend the benefits of digital payments to a broader spectrum of users, fostering financial literacy and inclusion on both sides of the border.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Economic Implications From an economic perspective, the integration of payment systems is indicative of a shared commitment to economic cooperation. This can lead to increased trade and investments, impacting the economic landscape positively.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span><strong>Historical Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Evolution of UPI The Unified Payments Interface (UPI) was introduced in India as a revolutionary step towards a cashless economy. Its inception and subsequent growth have been pivotal in transforming the country&#8217;s digital payment landscape.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Diplomatic Relations between India and Nepal Historically, India and Nepal share deep-rooted diplomatic ties. The agreement to link UPI with Nepal&#8217;s NPI is a testament to the sustained efforts to strengthen economic cooperation between the two nations.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Key_Takeaways_from_RBI-NRB_Pact_for_UPI-NPI_Linkage\"><\/span><strong>5 <\/strong> Key Takeaways from RBI-NRB Pact for UPI-NPI Linkage<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Serial Number<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>Enhanced Cross-Border Transactions<\/td><\/tr><tr><td>2<\/td><td>Promotion of Financial Inclusion<\/td><\/tr><tr><td>3<\/td><td>Positive Economic Implications<\/td><\/tr><tr><td>4<\/td><td>Evolution and Significance of UPI<\/td><\/tr><tr><td>5<\/td><td>Diplomatic Relations as a Catalyst for Cooperation<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">RBI-NRB pact UPI-NPI linkage<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q1_How_does_the_RBI-NRB_pact_impact_cross-border_transactions\"><\/span>Q1: How does the RBI-NRB pact impact cross-border transactions? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A1: The pact aims to facilitate seamless cross-border transactions between India and Nepal by linking the Unified Payments Interface (UPI) with Nepal&#8217;s National Payments Interface (NPI). This integration streamlines financial interactions, making cross-border transactions more efficient.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q2_Why_is_the_collaboration_between_RBI_and_NRB_important_for_banking_aspirants\"><\/span>Q2: Why is the collaboration between RBI and NRB important for banking aspirants? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A2: For banking aspirants, this collaboration underscores the growing importance of digital payment systems. Understanding UPI-NPI linkage becomes crucial for those aiming to join the banking sector.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q3_How_does_the_UPI-NPI_pact_impact_financial_inclusion\"><\/span>Q3: How does the UPI-NPI pact impact financial inclusion? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A3: The collaboration is a significant step towards boosting financial inclusion. By linking UPI and NPI, the pact aims to extend the benefits of digital payments to a broader spectrum of users, fostering financial literacy and inclusion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q4_What_historical_background_is_associated_with_the_UPI-NPI_linkage_agreement\"><\/span>Q4: What historical background is associated with the UPI-NPI linkage agreement? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A4: The UPI-NPI linkage agreement builds upon the evolution of UPI in India and reflects the deep-rooted diplomatic ties between India and Nepal, emphasizing sustained efforts to strengthen economic cooperation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q5_How_does_the_collaboration_impact_the_teaching_sector\"><\/span>Q5: How does the collaboration impact the teaching sector? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A5: In the teaching sector, staying informed about technological advancements is vital. The UPI-NPI linkage exemplifies the intersection of finance and technology, making it relevant for those aspiring to teach.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;s National Payments Interface (NPI). This collaboration is poised to have&#8230;<\/p>\n","protected":false},"author":6,"featured_media":14931,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,137,14],"tags":[3283,7434,225,466,9326,339,9324,9325],"class_list":["post-14918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-agreements","category-banking","tag-banking-exams","tag-cross-border-transactions","tag-current-affairs","tag-financial-inclusion","tag-nepal-rastra-bank","tag-rbi","tag-teaching-sector","tag-upi-npi-linkage"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/14918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=14918"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/14918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/14931"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=14918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=14918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=14918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}