2017
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
IPPB Bank
|
|
|
Dena Bank
|
|
|
Canara Bank
|
|
|
State Bank of India
|
Detailed explanation-1: -Indian Post Payments Bank has been incorporated as a Public Limited company under department of posts. It is governed by Reserve Bank of India and will be operational by April 2018 in all 650 districts.
Detailed explanation-2: -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.
Detailed explanation-3: -What are Small Finance Banks? Small Finance Banks are specialised finance institutes created with an intention to implement the concept of financial inclusion in India to serve low-income groups. Small Finance Bank is registered under the Companies Act, 2013 as a public limited company in the private sector.