India expands UPI to Sri Lanka, moves towards increased fintech connectivity

  • PM Narendra Modi and Sri Lanka President Ranil Wickremesinghe inked a deal to launch UPI in Sri Lanka.
  • India had previously integrated UPI in France and Singapore; UAE, Bhutan, and Nepal are already using the system.
  • This is part of expanding India-Sri Lanka relations, with plans for increased economic, technological, and air connectivity.
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