Payments Banks are conceptualised by the Reserve Bank of India (RBI). These banks can accept deposit upto ₹1 lakh per customer. These banks cannot issue loans and credit cards but can offer current account and savings accounts and can issue services like ATM cards, debit cards, net-banking and mobile-banking. Airtel has launched India's first payments bank. Paytm is the second such service to be launched. India Post Payments Bank is the third entity to receive payments bank licence from RBI.
Which of the following statements is/are incorrect?
I. The Travel and Tourism Development Index is released by the World Economic Forum.
<...In the Miami Open Tennis Tournament, which female has won the singles title?
What was the theme this year for world child labour day?
What is the estimated growth rate of India's real GDP for the fiscal year 2023-24, as per the first advance estimates released by the National Statistic...
Which state’s tableau won the “People’s Choice Award” at the 74th Republic Day parade?
Department of Agriculture and Farmers Welfare (DA&FW) in collaboration with Wadhwani Institute for Artificial Intelligence (Wadhwani AI) have developed ...
What was the total value of invoices financed by the RXIL TReDS platform as of FY24?
Fill in the blank above in passeage : The Global Collaborative Co - Financing Platform launched by MDBs aims to ______ .
Indian Renewable Energy Development Agency Limited (IREDA) has signed a loan agreement with KFW, the total sanctioned amount of the agreement is EUR ____.
What is the significance of the Sudarshan Setu, India's longest cable-stayed bridge, inaugurated by Prime Minister Narendra Modi?
