RBI’s Pay­ments Bank Li­cences

The Economic Times - - The Edit Page -

The fea­ture ‘New Kids on the Block Sweat­ing It Out to Make a De­posit of Faith’ (Mar 30) says that the “RBI has awarded 11 pay­ments bank li­cences and 10 small bank finance li­cences”. Since one pro­posed pay­ments bank has sur­ren­dered its li­cence, there are now 10, not 11, li­censees.

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