2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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FINO payment bank
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Paytm Payments Bank
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India Post Payments Bank
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Airtel Payments Bank
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Detailed explanation-1: -Customers of these eight banks would be able to use UPI Lite digital payment system. These are Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, State Bank of India (SBI), Union Bank of India and Utkarsh Small Finance Bank.
Detailed explanation-2: -Top Banks, Bankers, and Fintech Companies Honored with DigiDhan Awards. The Minister for Electronics & Information Technology, Communications and Railways, Shri Ashwini Vaishnaw launched the ‘Digital Payments Utsav’, a comprehensive campaign aimed at promoting digital payments across India, here today.
Detailed explanation-3: -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.