Question of The Day04-06-2021

Which bank has partnered with NPCI to Link UPI ID with its Digital Wallet ‘Pockets’?

Answer

Correct Answer : b ) ICICI Bank

Explanation :

In collaboration with the National Payments Corporation of India (NPCI), ICICI bank has launched a unique facility, in which its digital wallet, ‘Pockets’ allows link with Unified Payments Interface (UPI) ID.  

In this facility, UPI IDs can be linked with a savings bank account.

In this facility, new and those who are not bank's customers will get a UPI ID, which will be directly connected with ‘Pockets’.

ICICI Bank is a private sector bank that was founded in January 1994. Its current Chairman is Girish Chandra Chaturvedi. Sandeep Bakshi is the MD & CEO of ICICI Bank.

Hence, option (b) is correct.

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