Payment Bank License in India - Corpbiz

Posted By : narendrakumar1 on 2021-11-28   08:11:20    India
  Payment Bank License Payment Bank


Payment Bank License is obtained under the Banking Regulation Act, 1949. Payment Bank License is mandatory to obtain under the Banking Regulation Act, 1949. The RBI has envisioned a new type of financial organisation called a payment bank. These banks are allowed to accept deposits of up to Rs 100,000 per customer.

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narendrakumar1 Noida India

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