Question
As per the RBI guidelines, Payments Banks are allowed to -
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
More RBI Questions
- In Bonds, coupon refers to
- What is the theme of the International Day of Education 2025?
- ________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.
- International Birds Festival is to be held in Dudhwa National Park. It is in the state of:
- What the NOT Correct about Foreign Exchange Reserves of India? i. US dollar has highest share in the Forex reserves. ii. The reserves are managed by the ...
- The Limit for Foreign Portfolio Investments under Voluntary Retention Route (VRR) is set to be enhanced to how much from 01.04.2022 by RBI:
- Recently Goods and Services Tax network has been included to the account aggregator (AA) network as a financial information provider (FIP) to facilitate ca...
- The govt of India has approved the extension of Interest Equalization Scheme on Pre and Post Shipment Export Credit to ………
- What is the purpose of the recent partnership between SIDBI, C2treds, and UGRO Capital?
- Who was named Director of the Prime Minister’s Museum & Library in the June 2025?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)