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More nations interested in using UPI: RBI deputy governor T Rabi Sankar

Speaking about India's central bank digital currency (CBDC, also known as e-rupee), Sankar said the RBI was looking to expand the use cases for wholesale CBDC

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Several nations are interested in using UPI or building their own similar payment systems, and India would be willing to help them, Reserve Bank of India Deputy Governor T Rabi Sankar said on Thursday

Arup Roychoudhury Bengaluru
India looked forward to showcasing its digital infrastructure prowess during its time as President of the Group of 20 (G20). Given the response among other nations to the home-grown real-time retail payment Unified Payments Interface (UPI), it seems to have been a success.

Several nations are interested in using UPI or building their own similar payment systems, and India would be willing to help them, Reserve Bank of India Deputy Governor T Rabi Sankar said on Thursday.

“There is some interest in taking India’s help. Several Commonwealth nations from the Caribbean and South Pacific, and some Latin American countries as

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First Published: Feb 23 2023 | 9:31 PM IST

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