Question

Name the 1st Indian bank to tie up with NPCI for offering real time cross border payments & NRI remittances using UPI.

A YES BANK Correct Answer Incorrect Answer
B ICICI Bank Correct Answer Incorrect Answer
C IndusInd Bank Correct Answer Incorrect Answer
D Axis Bank Correct Answer Incorrect Answer
E HDFC Bank Correct Answer Incorrect Answer

Solution

IndusInd Bank has signed an agreement with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances through Unified Payments Interface (UPI). IndusInd Bank has become the first Indian bank to go live on UPI for cross-border payments/NRI remittances.

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