Airtel Payments Bank has announced that over one lakh savings accounts were opened in 100 villages across in which state

2017

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Kerala
B	Bihar
C	Haryana
D	Tamil Nadu

Explanation:

Detailed explanation-1: -Till date, over 100, 000 savings accounts have been opened with Airtel Payments Bank across Tamil Nadu.

Detailed explanation-2: -The maximum amount of cash that you can deposit at an Airtel deposit bank: ₹1, 00, 000. Maximum money you can add using the same debit card per day: ₹25, 000. The maximum amount of cash you can withdraw via a transaction: ₹25, 000.

Detailed explanation-3: -Bharti Airtel launched Airtel Payments Bank in September 2016 and went live with its pilot project in Rajasthan in November 2016. It was launched nationally in January 2017 to support the cashless revolution promised by the Government of India. In August 2021, Kotak Mahindra sold its stake to Bharti Enterprises.

Detailed explanation-4: -India Post Payments Bank (IPPB) was launched under the Department of Posts, Ministry of Communications, Government of India. Its 100 percent ownership is with the Government of India.

Detailed explanation-5: -The first of its kind in India, Airtel Payments Bank is a one-stop solution to several traditional banking problems, such as endless queues or lengthy procedures to open a savings account. With Airtel Payments Bank, opening a savings account is a paperless process which takes only a few minutes.

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