Which of the following statements is/are correct about Payments banks? 1. Payments banks is a new model of banks conceptualised by the Reserve Bank of India (RBI). 2. Payments banks can accept a restricted deposit, which is currently limited to 100,000 per customer and may be increased further. 3. Payment banks can also issue loans and credit cards upto to 100,000 per customer. Select the correct answer using the codes given below: - Study24x7
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UPSC & State PSC
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Which of the following statements is/are correct about Payments banks? 1. Payments banks is a new model of banks conceptualised by the Reserve Bank of India (RBI). 2. Payments banks can accept a restricted deposit, which is currently limited to 100,000 per custome...

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A

1 and 2 only

B

1 and 3 only

C

2 and 3 only

D

1, 2 and 3

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