Business Studies, asked by satendrarajput6327, 1 year ago

Can payment banks create big differences in civilsdaily

Answers

Answered by khushi769
0

Aɴsᴡᴇʀ:-Yeah, but the difference is a payments bank can now be your mobile service provider, supermarket chain or a non-banking finance company. ... Payment banks will pay an interest rate on savings accounts. The deposits are covered by the DICGC (Deposit Insurance & Credit Guarantee Corporation), like your Bank Fixed Deposits

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