SBI Bank and RIL collaborate to form payments bank license

Q.  With which bank, Reliance Industries has made a collaboration to apply for a payments bank license that can offer services such as remittances and deposits?
- Published on 23 Feb 15

a. ICICI Bank
b. SBI Bank
c. HDFC Bank
d. Kotak Mahindra Bank

Under this, Reliance will be the promoter of the payments bank entity while SBI will be joint venture partner with equity investment of up to 30%.

Post your comment / Share knowledge

Enter the code shown above:
(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)