RBI Governor Shaktikanta Das 
Business

UPI likely to grow further in several countries: RBI Governor

Reserve Bank of India Governor Shaktikanta Das said he is optimistic that the Unified Payments Interface (UPI) will grow further in several countries.

Bhubaneswar | Reserve Bank of India Governor Shaktikanta Das said he is optimistic that the Unified Payments Interface (UPI) will grow further in several countries.

Das, who is on a five-day visit to the state, said UPI is already present in many countries through QR codes and the linkage of fast payment systems, and discussions are underway with several other nations.

“We expect this to grow further at the global level and internationalise in future,” he told reporters here on Friday evening.

Speaking at an event in Mumbai on Wednesday, Das had said that notable progress in this direction has already been made with countries like Bhutan, Nepal, Sri Lanka, Singapore, the UAE, Mauritius, Namibia, Peru, France and a few others for acceptance of RuPay cards and payments through the UPI network.

These endeavours, he said, underscore collaborative efforts for the adoption of India's initiatives across the globe.

Delhi struggles to breathe amid soaring pollution; doctors warn of health risks, SC raps authorities

ED seizes over 12 crore cash, FDs in raids against 'lottery king' Santiago Martin, his companies

Seizures cross Rs 1,000 crore mark in ongoing elections, bypolls: Election Commission

Manipur situation: One protester dead, Centre to rush 5,000 additional paramilitary troops

First direct cargo shipment from Pakistan arrives in Bangladesh, signals shift in foreign relations