National Payments Corporation of India Chairman AP Hota said that that 15 banks are ready with the applications for the UPI and applications from SBI and HDFC Bank will be ready by September. Some of the banks who are ready with applications are Union Bank of India, Oriental Bank of Commerce, Andhra Bank, Catholic Syrian Bank, Karnataka Bank , DCB Bank, Punjab National Bank, Canara Bank and Axis Bank.

Unified Payments Interface to be launched on July 31

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