Economy, asked by albinmathew1169, 1 year ago

Difference between the small finance bank and payment bank

Answers

Answered by arpita8137

Explanation:

Small Finance Banks Are mainly ForLending In priority Sector Areas, Small Finance Banks will have to lend 75 %of their ANBC to PSL areas. Whereaspayment Banks are not allowed to lend. ... Whereas the Payment Bankscan only accept Demand Deposits And can hold 100,000 INR per person.

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