Which of the following bank cannot engage in lending activities?

Payment Banks are differentiated banks that were set up on the recommendation of the Nachiket committee. The objective of Payment Banks is to increase the penetration level of financial services to remote areas of the country. They help in widening the spread of Payment and financial services, especially helping the migrant labor force, low-income households, small entrepreneurs, etc. and offer payment and remittance services through various channels like make personal payments and receive cross-border remittances on the current accounts. Payment banks cannot undertake lending activities.