November 22, 2025 6:41 AM
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RBI Announces UPI–TIPS Interlinkage to Enhance Cross-Border Payments with Euro Area
The Reserve Bank of India (RBI) has announced interlinking of the Unified Payments Interface (UPI) system with fast payment systems of other jurisdictions to promote cross-border payments. These initiatives are aligned with the G20 Roadmap for enhancing cross-border payments, focusing on cheaper, mo...