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Start learning 50% faster. Sign in nowPayments 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.
In India, the Basel III framework is implemented by:
In which year was the Small Industries Development Bank of India (SIDBI) established?
Who is/are the participants in the derivatives market?
Which of the following is not a type of lean system?
Which of the following private sector bank has launched two new products – loan against deposits and dollar bonds – for non-resident Indians at its ...
There is one budget which is prepared as a consolidated summary of all the functional budgets. Identify it among the following:
Which of the following is not a right statement for a Drawing Power?
In the Union Budget 2024-25, what is the projected fiscal deficit for the financial year 2024-25 as a percentage of GDP, reflecting the government’s f...
Similar to the Stock Exchanges in IFSC, the Bullion Exchange shall be required to submit MDR (Monthly Development Report) to IFSCA on a what frequency b...
In which of the following phases of change does the organisations require support to sustain the change?