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Start learning 50% faster. Sign in nowExplanation: 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.
Which rate is referred to as the 'lender of last resort' for banks?
What is the maximum period for which a Public Sector Bank (PSB) can hold a NonPerforming Asset (NPA) before it must be classified as a loss asset?
For grant of Miniratna Category-I status to Central Public Sector Enterprises (CPSEs), the CPSEs have made profit in the last ______ years continuously.
Which act governs the functioning of insurance companies in India?
Securities and Exchange Board of India (SEBI) was given statutory powers on which of the following year?
Which financial instrument is used to raise shortterm funds by the government?
Reserve Bank of India was set up based on the recommendations of which commission?v
Who issues the Sovereign Gold Bonds (SGBs) in India?
What is the primary objective of the AI-powered financial super app ‘Jumpp’ launched by Finvasia and YES Bank?
Which organization in India is responsible for issuing government bonds?
