INSUBCONTINENT EXCLUSIVE:
vision to have a domestic, open and multilateral system of payments
RuPay facilitates electronic payment at all Indian banks and financial institutions.India has already launched the RuPay card in Singapore
and Bhutan."Bringing economies of India - UAE together @RuPay_npci card was officially launched in UAE in presence of PM @narendramodi
UAE is the first country in the Gulf where Indian RuPay card has been launched
Many business groups from the UAE have pledged to accept RuPay payment," Ministry of External Affairs spokesperson Raveesh Kumar
tweeted.Earlier this week, Navdeep Singh Suri, the Indian Ambassador to the UAE, said, "The UAE is the largest and most vibrant business hub
It hosts the largest Indian community, receives the largest number of Indian tourists and has the largest trade with India
By becoming the first country in the region to introduce the RuPay card, we expect that each of these elements of tourism, trade and the
Indian diaspora will benefit."The India-UAE bilateral trade touched almost $60 billion in 2018 with a fairly balanced profile of about $30
Jebel Ali in Dubai, Hamriyah free in Sharjah and Ras Al Khaimah and also in sectors ranging from manufacturing and real estate to trade and
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