This question relates to the evolution of banking in India, particularly the introduction of new banking licenses. Payments Banks are a type of differentiated bank introduced by the RBI to promote financial inclusion.
India Post received permit from RBI on January 20, 2017 to roll out
Asked in Horticulture Development Officer(HDO) 2018 · Topic: Money & Banking (Commercial Banking: Structure, Functions, and Recent Reforms in India)
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