Start learning 50% faster. Sign in now
The eligible promoters of Payment Banks are the existing non-bank Pre-paid Payment Instrument (PPI) issuers; and other entities such as individuals/professionals; Non-Banking Finance Companies (NBFCs), corporate Business Correspondents (BCs), mobile telephone companies, supermarket chains, companies, real sector cooperatives; that are owned and controlled by residents; and public sector entities may apply to set up payments banks. Some prominent examples of Payment Banks include Airtel Payments Bank, Paytm Payments Bank etc. Payment Banks can only issue ATM/ debit cards and they are not allowed to issue credit cards. Payment Banks can not undertake lending activities. This means they cannot deploy their funds in loans.
The Concession Agreement was signed between the Ministry of Railways (MOR) and DECCIL in the year:
Where is the Diesel Locomotive Works located?
In the Eastern Corridor, an electrified double-line segment of 126 km runs between
The Length of Darjeeling Himalayan Railway is ___________________
Which of the following is India’s first green railway corridor?
In 1842, _______, a leading railway engineer and professor of civil engineering at University College, London, presented a detailed proposal for a syste...
The oldest railway station in the world is:Â
Which factory of the Indian Railways is located at Bengaluru?
In which of the following institutes of Indian Railways are traffic officers trained?
Which Committee recommended that all Indian Railways should be managed in India?