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India–Maldives UPI Corridor Goes Live

India Maldives Launch Seamless UPI Cross-Border Payment Corridor Why in News (40 words) The Maldives has launched the Favara-UPI Cross-Border Payment Corridor, enabling real-time fund transfers to India. The initiative strengthens India–Maldives digital financial connectivity, promotes faster remittances, and reflects growing cooperation in cross-border digital payment infrastructure. Favara-UPI Payment Corridor: Key Features The Maldives Monetary …

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