What is the minimum capital required to set up payments bank?

Related MCQs

• For first five years how much paid-up equity capital needs to be maintained by promoters in payments bank?
• The promoter’s minimum initial contribution to the paid-up equity capital of small finance bank shall at least be ____ per cent.
• The promoter’s minimum initial contribution to the paid-up equity capital of such small finance bank shall at least be 40 per cent and gradually brought down to ____ per cent within 12 years.
• 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?
• Small Finance Banks and Payments Bank are a type of?
• How much percentage of its funds can be held by payments banks in current and time deposit with Scheduled Commercial Bank?
• Which of the following payments bank launched Bharosa savings account scheme?
• What is the minimum paid up capital requirement of small finance Banks?
• What can be the minimum initial contribution to the paid –up equity capital of small finance banks?
• Micro credit or micro finance is a novel approach to bank with the poor. In this approach bank credit is extended to the poor through