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India, Nepal sign pact to integrate UPI, NPI

Mumbai: State-owned Central banks of India and Nepal on Thursday signed terms of reference for the integration of the Unified Payments Interface (UPI) and National Payments Interface (NPI). The Reserve Bank of India and Nepal Rastra Bank signed the terms...

PTI

Updated At : 01:31 PM Feb 16, 2024 IST

Mumbai: State-owned Central banks of India and Nepal on Thursday signed terms of reference for the integration of the Unified Payments Interface (UPI) and National Payments Interface (NPI). The Reserve Bank of India and Nepal Rastra Bank signed the terms of reference. The formal launch of the commencement of operations will be done at a later date, the Reserve Bank said in a statement.

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