India and Saudi Arabia have held discussions on the feasibility of institutionalising Rupee-Riyal trade, and the introduction of UPI and RuPay cards in the kingdom, the commerce ministry said on ...

India and Saudi Arabia have held discussions on the feasibility of institutionalising Rupee-Riyal trade, and introduction of UPI and Rupay cards in the kingdom, the commerce ministry said on Monday.

According to the commerce ministry on Monday, India and Saudi Arabia have discussed the viability of institutionalizing rupee-riyal transactions and introducing UPI and Rupay cards in the kingdom.

India and Saudi Arabia have discussed the feasibility of institutionalizing trade in rupee and riyal and the introduction of UPI (Unified Payment Interface) and RuPay card there. According to a ...