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What Is A Payments Bank? Why Was The Concept Introduced? | All You Need To Know
Written By: Zee Business Video TeamUpdated: Sat, Mar 05, 2022, 12:27 PM IST
The concept of Payments Banks was introduced by the RBI in 2015. The idea behind this concept was to give banking license to fintech companies and provide banking services to the underserved population of India. Here is all you need to know about a Payments Bank.
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