Question

    Which of the following is NOT a Small Finance Bank

    (SFB)?
    A Equitas SFB Correct Answer Incorrect Answer
    B AU SFB Correct Answer Incorrect Answer
    C Jana SFB Correct Answer Incorrect Answer
    D Paytm Payments Bank Correct Answer Incorrect Answer
    E Ujjivan SFB Correct Answer Incorrect Answer

    Solution

    Explanation: Paytm Payments Bank is a Payments Bank, not a Small Finance Bank. SFBs are licensed by RBI to further financial inclusion by providing savings and credit facilities to underserved sectors.

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