Name the bank that will be converted into small finance bank with the aim to provide micro-credit at the doorsteps to individuals and SME's.

  • 1Jio Payments Bank
  • 2Airtel Payments Bank
  • 3India Post Payments Bank
  • 4Aditya Birla Payments Bank
Answer:- 3
Explanation:-

The postal department has decided to convert the India Post Payments Bank (IPPB) into a small finance bank (SFB) with the aim to provide micro-credit at the doorsteps to individuals and SME's (Small and medium-sized enterprises). The postal department also sets a target to open one crore accounts for IPPB in 100 days.

Post your Comments

Your comments will be displayed only after manual approval.

Test
Classes
E-Book