Question

    The Reserve Bank of India has granted a banking licence to Unity Small Finance Bank Ltd (USFBL). One of its promoters is _____________.

    A PayTm Correct Answer Incorrect Answer
    B PhonePe Correct Answer Incorrect Answer
    C BharatPe Correct Answer Incorrect Answer
    D Airtel Payments Bank Correct Answer Incorrect Answer
    E Jio Payments Bank Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India has granted a banking licence to Unity Small Finance Bank Ltd (USFBL), which was established jointly by the Centrum Financial Services Ltd (CFSL) and Resilient Innovations Private Limited (BharatPe), to carry on a SFB business in India.

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