Payment banks: Functions - General Economics & Indian Economy
Q. Which of the following statements is/are correct?
1.Non resident Indians will be allowed to open accounts in payment banks.
2. Payment banks can issue credit cards.- Published on 01 Aug 15
a. Only 1
b. Only 2
Non resident Indians will not be allowed to open accounts in payment banks.Payment banks can issue ATM/debit cards but not credit cards.