Question
IPPB (India Post Payment Bank) will provide all services
EXCEPT? i. Deposits upto Rs. 1 lakh through current and savings account ii. Access to mutual funds, insurance and other third party products iii. Internet banking, mobile banking and other remittance services iv. Rupay enabled Kisan Credit Cards (KCC) to eligible farmersSolution
Payment banks are not allowed to do lending activities including credit card.
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