Eurobank opens India office, becomes first European bank to enable UPI remittances from Greece
Greece's Eurobank has launched its first India representative office and activated UPI-based cross-border remittances via NPCI International. The bank targets corporate advisory, M&A flows, and Indian diaspora HNI services, marking a first for European banks on the UPI rails.
What happened
Eurobank opens its first India representative office and activates UPI-based cross-border remittances from Greece to India via NPCI International, becoming the
Why this matters
Eurobank's NPCI International tie-up signals an opening for partnership or acquisition plays around UPI-linked cross-border infrastructure before other European banks lock in similar deals.