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Payments banks can accept deposits up to Rs. 1 lakh per account from individuals and small businesses. They can issue ATM/debit cards but not credit cards. They can also issue other prepaid payment instruments and can distribute non-risk sharing simple financial products like mutual funds and insurance products.
Who among the following National leader was not a PNB's founder?
_______ has got approval for the complete acquisition of Ohm Global Mobility Private (OHM) from OHM International Mobility for a nominal consideration...
What is the minimum paid-up capital requirement for a new bank in India as per RBI regulations?
An expert committee constituted by the International Financial Services Centres Authority (IFSCA), the GIFT City regulator, has suggested tax and regula...
Which term best describes the penalty for early withdrawal from a fixed deposit?
Which of the following is the first Indian bank to have been started solely with Indian capital that survives to the present?
What is the function of the Capital Adequacy Ratio (CAR) in the banking sector?
Which bank became the first bank to join the India International Bullion Exchange (IIBX)?
Consider the following statement/s about Companies Act 2013:
1. It received presidential assent on 29 August 2013.
2. It superseded the Co...
Consider the following statement/s about a global organization:
Statement : 1. The United Nations was established in 1945.
Statement : 2. ...
