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Q:

Which bank has partnered with National Payments Corporation to offer real-time cross-border remittances to India using UPI ID for its Money Transfer Operator (MTO) partners?

  • 1
    Bank of Baroda
  • 2
    IndusInd Bank
  • 3
    State Bank of India
  • 4
    RBL Bank
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Answer : 2. "IndusInd Bank"
Explanation :

The association between IndusInd Bank and NPCI will help MTO/Exchange houses to push cross-border payments to beneficiaries using UPI apps which will further enable international partners of the bank to perform real-time remittances to India.

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