In June 2026, UPI went live for cross-border remittances from which country to India through the Eurobank-NIPL partnership ?
Greece
NPCI International Payments Limited (NIPL) is the international arm of the National Payments Corporation of India and works to take UPI and RuPay to other countries.
Eurobank is a leading bank of Greece. NIPL and Eurobank signed an MoU in February 2024 for inward remittances to India over UPI, and in June 2026 the service went live, letting Eurobank customers in Greece send money directly to UPI-linked accounts in India. Eurobank described itself as the first bank in south-east Europe to enable such remittances.
Spain, Italy and Portugal were not part of this Eurobank-NIPL arrangement, since Eurobank is a Greek bank operating in Greece and Cyprus.
Greece option is correct.
Important Questions from Business and Economy
To which Japanese automobile company, India has become the top global market both in terms of volumes as well as revenues?
In Union Budget 2019, the government eased ______ to encourage start-ups in the country.
With reference to the characteristics of a perfectly competitive market, which of the following statements is correct?
।. There are a large number of buyers and sellers in the market.
II. Firms have free entry and exit in the market.
Which of the following is an example of an indirect tax?
______ is defined as the study of the behavior of individual decision-making units such as consumers, resource-owners, and firms.
