Get Started with ixamBee
Start learning 50% faster. Sign in now
Payments bank is a new model of banks conceptualized by the Reserve Bank of India (RBI). These banks can accept a restricted deposit, which is currently limited to ₹2 lakh per customer. These banks may not issue loans or credit cards, but may offer both current and savings accounts. Payments banks may issue ATM and debit cards, and offer net-banking and mobile-banking. The draft guidelines for licensing of payments banks in the private sector were formulated and released for public comments on 17 July 2014. The banks will be licensed as payments banks under Section 22 of the Banking Regulation Act, 1949, and will be registered as public limited company under the Companies Act, 2013.
By when does the Centre plan to install a Doppler Weather Radar (DWR) in Lahaul and Spiti district?
For which of the following franchise teams did AB de Villiers play in IPL 2020?
According to the survey by credit rating agency S&P Global, Purchasing Managers' Index (PMI) declined marginally to____ in May from its 13-year high o...
ADB has approved a USD 130 million loan to increase agricultural productivity and promote horticulture agribusinesses to raise farmers' income in_______.
____________ and Saraswat Cooperative Bank have entered into a partnership under which the bank will sell the insurance major’s products.
Which country commissioned its first submarine base at Pekua in Cox’s Bazar?
Consider the following statements:
I. Recently ‘Dak Karmayogi’, an e-learning portal of the Department of Posts was developed and ...
What milestone was achieved with India’s test of the K4 ballistic missile?
Who has been elected as the new President of Vietnam?
What is the minimum weightage of the parameters related to overall financial soundness and performance assessment for Managing Directors (MDs) and Whole...
