BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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PayTM Payments Bank
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JIO Payments Bank
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Airtel Payments Bank
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Fino Payments Bank
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Detailed explanation-1: -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.
Detailed explanation-2: -Notes: Bharti Airtel launched India’s first live payments bank named Airtel payment bank in March 2017.
Detailed explanation-3: -Bharti Airtel’s banking venture Airtel Payments Bank is a differentiated bank devoted to Changing The Way India Banks by striving to create a benchmark in banking system by reimagining every process, product and service associated with banking keeping customer’s need at the core of every effort.
Detailed explanation-4: -About Airtel Payments Bank As India’s first Payments Bank, it is among the fastest-growing digital banks in the country, with a base of 115 million users.
Detailed explanation-5: -India currently has 6 Payment Banks namely, Airtel Payment Bank, India Post Payment Bank, Fino, Paytm Payment Bank, NSDL Payment Bank and Jio Payment Bank.