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State Bank of India Introduces UPI Integration for Digital Rupee

India's largest public sector bank, State Bank of India (SBI), has introduced UPI (Unified Payments Interface) interoperability with Digital Rupee, India’s Central Bank Digital Currency (CBDC). Currently, there are 300 m...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

State Bank of India Introduces UPI Integration for Digital Rupee
India's largest public sector bank, State Bank of India (SBI), has introduced UPI (Unified Payments Interface) interoperability with Digital Rupee, India’s Central Bank Digital Currency (CBDC).
Currently, there are 300 million UPI users and 500 million merchants who use UPI to accept money for their businesses in India. 
The move is aimed at enhancing the convenience and accessibility of digital transactions for its customers....
Read More: State Bank of India Introduces UPI Integration for Digital Rupee

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