As per the RBI guidelines, Payments Banks are allowed to -
Payments 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.
On which river is the Shivanasamudra Waterfalls situated?
Who has received the ‘Patangrao Kadam Award’?
Who has been appointed as the next Chief of the Indian Army, effective from June 30, 2024?
World Ozone Day is observed annually on?
In Uttar Pradesh, 'Mid-day-Meal' programme was launched in the year?
Election Commission launched 'Mission-929' in which state?
Faiyaz Khan is associated with which musical instrument?
The Ministry of Defense has approved the purchase of military equipment abroad, by the three banks, name them?
Who was given the title 'Rashtra Kavi' by Mahatma Gandhi?
Which author won the Sahitya Akademi Yuva Puraskar for her memoir "Homeless: Growing up Lesbian and Dyslexic in India"?