Paytm Payments Bank
India Post Payments Bank
Airtel Payments Bank
FINO Payments Bank
Answer is Right!
Answer is Wrong!
The correct answer is: A. Paytm Payments Bank
Paytm Payments Bank was the first payments bank to start giving its services in India. It was launched on 8 November 2017. The bank is a joint venture between One97 Communications Limited (the parent company of Paytm) and the State Bank of India.
Paytm Payments Bank offers a range of services, including savings accounts, current accounts, and remittance services. It also offers a number of digital financial services, such as mobile payments, online recharges, and bill payments.
The bank has over 100 million customers and has over 1 lakh branches and ATMs
across India.Here is a brief description of each option:
- A. Paytm Payments Bank is a private sector payments bank in India. It was launched on 8 November 2017. The bank is a joint venture between One97 Communications Limited (the parent company of Paytm) and the State Bank of India.
- B. India Post Payments Bank is a public sector payments bank in India. It was launched on 1 September 2017. The bank is a subsidiary of the Department of Posts of India.
- C. Airtel Payments Bank is a private sector payments bank in India. It was launched on 19 November 2017. The bank is a joint venture between Bharti Airtel and Kotak Mahindra Bank.
- D. FINO Payments Bank is a private sector payments bank in India. It was launched on 14 August 2017. The bank is a joint venture between FINO Paytech Limited and Centrum Financial Services Limited.