How many payments banks have actually started operations since RBI has granted the in-principle approval?

Related MCQs

• Which of the following statements is/ are correct about small finance bank? 1. Small finance banks can provide Loans and advances of up to Rs 25 lakhs, primarily to micro enterprises. 2. As per the RBI rules, small finance bank have to manage a quarter of their branches in un-banked rural areas
• Small Finance Banks and Payments Bank are a type of?
• How much percentage of its funds is required to be invested by payments banks in government securities or T-bills with maturity up to 1 year?
• How much percentage of its funds can be held by payments banks in current and time deposit with Scheduled Commercial Bank?
• What is the maximum amount of loan can be extended by payments banks?
• Loans to poor people by banks have many limitations including lack of security and high operating cost. So to help them which type of finance system developed ?
• Loans to poor people by banks have many limitations including lack of security and high operating cost. So to help them which type of finance system developed ?
• Which of the following operations are undertaken by small finance banks?
• The decision to issue an in-principle approval for setting up of a Small Finance bank will be taken by _____
• For first five years how much paid-up equity capital needs to be maintained by promoters in payments bank?