BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____one of India’s first payments banks, has been allowed to open new accounts by RBI after it submitted a compliance report.
A
India Post Payments Bank
B
Jio Payments Bank
C
Fino Payments Bank
D
Aditya Birla Payments Bank
Explanation: 

Detailed explanation-1: -Paytm Payments Bank, India Post Payments Bank, Fino Payments Bank and Aditya Birla Payments Bank have also launched services.

Detailed explanation-2: -On April 11, 2016, Airtel Payments Bank became the first entity in India to receive a payments bank license from the Reserve Bank of India (RBI). It intends to bring banking services to the doorstep of every citizen of the country. It plans to leverage Bharti Airtel?

Detailed explanation-3: -Q. Which payments bank has been granted the status of a Scheduled bank by the Reserve Bank of India (RBI)? Notes: The Reserve Bank of India (RBI) has recently granted the status of a scheduled bank to Airtel Payments Bank.

Detailed explanation-4: -Customers of Fino Payments Bank will be able to receive remittance money sent from overseas as it has been granted approval by the Reserve Bank of India (RBI) to offer the international money transfer service.

There is 1 question to complete.