FINO Paytech inked a deal with ICICI group companies to distribute Insurance products recently.
Wich of the below statement is/are is incorrect with respect to Payment Bank?
I. Payment Bank started by RBI
II. Payment Bank deposit linit is Rs.1 lakh
III.Payment Bank can issue loans and credit cards.
IV. Current and saving accounts are operated by Payment Banks.
Correct Answer: Part of solved Current Affairs-April-2017(2) questions and answers :
>> Current Affairs-April-2017(2)