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.
Eurobank opens its first India representative office and activates UPI-based cross-border remittances from Greece to India via NPCI International, becoming the first European bank to do so. Focus areas include corporate advisory, M&A, and Indian diaspora HNI services.
Why this matters
Eurobank's India entry signals European banks expanding into India's digital payments rails, leveraging UPI for diaspora remittances and tapping corporate advisory flows between Greece and India.
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