Brief by Shorts91 Newsdesk / 03:19pm on 12 Feb 2024,Monday India Global
Prime Minister Narendra Modi inaugurated the Unified Payments Interface (UPI) and RuPay card services in Sri Lanka and Mauritius, marking a significant step towards enhancing digital connectivity among the nations. Describing it as a pivotal moment for the Indian Ocean region, PM Modi emphasized the role of fintech connectivity in strengthening historical ties. The launch facilitates UPI settlement services for travelers between India, Sri Lanka, and Mauritius, while enabling Mauritian banks to issue RuPay cards. This initiative underscores India's commitment to fostering regional cooperation and leveraging digital innovation for inclusive development. With UPI extending its footprint globally, India emerges as a leader in fintech innovation.
