Question

As per the RBI guidelines, Payments Banks are allowed to -
i. Acc ept deposit uptoRs. 10 lakh per customer
ii. Provide small value loans upto Rs.1 lakh to individuals
iii.Can issue credit cards upto Rs.5 lakh credit limit
iv.Offer services like ATM cards, debit cards, net-banking and mobile-banking

A Only i & ii
B Only i & iv
C Only i, ii & iv
D Only iv
E None of these
Practice Next

Hey! Ask a query