5 new banks have joined the Unified Payments Interface (UPI) bandwagon, thereby taking the total number of banks using UPI to 26. The five latest entrants include public sector lenders, State Bank of India, Allahabad Bank and Bank of Baroda and two private banks HDFC Bank and IDFC Bank. UPI was launched by National Payments Corporation of India with Reserve Bank of India.
Monday, 7 November 2016
Five more banks join the UPI
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