Who launched UPI 2.0 in 2018?

The Correct Answer is Option 1 i.e NPCI.

• HDFC Bank:
  • It is India's private sector bank.
  • CEO: Aditya Puri
  • Tagline: We Understand Your World
  • Headquarters: Mumbai
• SBI Bank:
  • It is the largest public sector banks in India.
  • It began with the establishment of the Bank of Calcutta in Calcutta, on 2 June 1806.
  • It was the first-ever joint-stock bank of British India, established under the sponsorship of the Government of Bengal.
  • Rajnish Kumar is the chairman of SBI 
  • Tagline: The banker to every Indian.
• ICICI Bank:
  • It is the private sector bank in India. 
  •  ICICI Bank became the first to enable its customers to make electronic payments by just waving the cards near the merchant terminal.
  • ICICI Bank Chairman is Girish Chandra Chaturvedi.
  • Tagline: Hum Hai Na, Khyal Apka
  • Headquarters: Mumbai. 
• NPCI:
  • It is an acronym for the National Payments Corporation of India.
  • It is an umbrella organization for all retail payments and settlement systems in India.
  • It is an initiative of the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA). 
  • It was formed as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1956.
  •  Its Headquarters‎ is in ‎Mumbai.
  • BHIM App, an Indian mobile payment app has been developed by the National Payments Corporation of India.
  • The National Payments Corporation of India (NPCI) has launched the Unified Payments Interface (UPI) 2.0 in 2018.
  • UPI version 1 was launched in April 2016.
  • UPI is a system that powers multiple bank accounts into a single mobile application.