2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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RBL Bank
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IndusInd Bank
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State Bank of India
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Bank of Baroda
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Detailed explanation-1: -IndusInd Bank has partnered with the National Payments Corporation to offer real-time cross-border remittances to India using UPI IDs, for its Money Transfer Operator (MTO) partners.
Detailed explanation-2: -IndusInd Bank partners with NPCI to offer cross-border payments via UPI.
Detailed explanation-3: -ICICI Bank partners with NPCI to launch RuPay credit cards.
Detailed explanation-4: -With this initiative, IndusInd Bank has become the first Indian bank to go live on UPI for cross-border payments or NRI remittances.
Detailed explanation-5: -NIPL (NPCI International Payments Limited), which deploys the RuPay and UPI payment systems outside India, is forging partnerships with countries like Singapore, UAE, Malaysia, France, BENELUX markets – Belgium, the Netherlands and Luxembourg – and Switzerland, among others, to use India’s payment systems.