Question

Which of the following was the first entity to start operations as Payments Bank?
Aditya Birla Idea Payments Bank Ltd
Paytm
Airtel Payments Bank
Fino Payments Bank
India Post Payments Bank

Answer 1

The answer is Paytm

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Answer 2

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Airtel M Commerce Services Ltd., a subsidiary of Bharti Airtel, has become the first entity to receive final approval from the Reserve Bank of India (RBI) to start a payments bank.