RBI, Nepal’s Central Bank Sign Terms For UPI-NPI Integration

New Delhi: The Reserve Bank of India and Nepal Rastra Bank on Thursday signed and exchanged Terms of Reference for integration of fast payment systems of India and Nepal, viz., the Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal, respectively.The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the
New Delhi: The Reserve Bank of India and Nepal Rastra Bank on Thursday signed and exchanged Terms of Reference for integration of fast payment systems of India and Nepal, viz., the Unified Payments Interface (UPI) of India and National Payments Interface (NPI) of Nepal, respectively.The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the
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