Explanation:

• Private sector lender ICICI Bank has launched a unique facility, which allows linking a Unified Payments Interface (UPI) ID with its digital wallet, ‘Pockets’.
• ICICI Bank has collaborated with National Payments Corporation of India (NPCI) to link the UPI network with ‘Pockets’.
• The facility will do away with the current practice of linking UPI IDs with a savings bank account.
• The facility will allow new users, including those who are not customers of ICICI Bank, to instantly get a UPI ID, which is automatically linked to ‘Pockets’.