Five more banks join the UPI

Five new banks have joined the Unified Payments Interface

Queston: Which among the following is not included in the list of five new banks which have joined the Unified Payments Interface (UPI) ?
(a) State Bank of India
(b) HDFC Bank
(c) Allahabad Bank
(d) Vijaya Bank
Ans: (d)
Related facts:

  • On 5 November 2016 Five new banks have joined the Unified Payments Interface (UPI).
  • Now the total number of banks using UPI has reached to 26.
  • The 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 is being provided by the National Payments Corporation of India (NPCI) which runs the domestic card transaction platform RuPay.

Reference:
http://epaperbeta.timesofindia.com/Article.aspx?eid=31818&articlexml=SBI-HDFC-Among-5-New-Banks-to-Join-04112016017027
http://economictimes.indiatimes.com/industry/banking/finance/banking/five-more-banks-join-the-upi-bandwagon/articleshow/55227544.cms