WHAT IS MEANT BY 'A POST -DATED CHEQUE ON A CRASHING BANK'
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hiii dude
here's is your answer
Payments banks is a new model of banks conceptualised by the Reserve Bank of India(RBI). These banks can accept a restricted deposit, which is currently limited to ₹1 lakh per customer and may be increased further. These banks cannot issue loans and credit cards. Both current account and savings accounts can be operated by such banks. Payments banks can issue services like ATM cards, debit cards, net-banking and mobile-banking. Bharti Airtel set up India's first live payments bank.
hope this information is sufficient for you and it helps you
here's is your answer
Payments banks is a new model of banks conceptualised by the Reserve Bank of India(RBI). These banks can accept a restricted deposit, which is currently limited to ₹1 lakh per customer and may be increased further. These banks cannot issue loans and credit cards. Both current account and savings accounts can be operated by such banks. Payments banks can issue services like ATM cards, debit cards, net-banking and mobile-banking. Bharti Airtel set up India's first live payments bank.
hope this information is sufficient for you and it helps you
Mirnalini6:
actually it is the words of Gandhiji describing sir Stafford cripps proposal
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