Accountancy, asked by Manishverma7468, 1 year ago

Difference between the small finance banks and the payment banks

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Answered by Sadiqa11

0

Small Finance Banks Are mainly For Lending 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. Small Finance Banks are just like Universal Banks so they can accept all type of deposits, FD, RD , Savings & Current.

Answered by Aryanshrof

0

this will be able to you for understanding

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