Correct Answer : Tata communication payments solutions Ltd
Tata Communications Payment Solutions Limited or Tata Communications Banking InfraSolutions, is a wholly owned subsidiary of Tata Communications. TCPSL’s White Label ATM offering under the brand name “Indicash” marks its foray in the B2C space. With this it holds the distinction of being the first White Label ATM service provider in the country.
Correct Answer : Airtel
Airtel Payments Bank is now the first payments bank in the country to enable an amount of ₹ 2 lakh of day-end account balance limit.
Correct Answer : DCB Bank
RBI approves re-appointment of Murali Natarajan as DCB Bank MD and CEO. Private sector lender, DCB Bank has received approval from the Reserve Bank of India for the re-appointment of Murali M. Natrajan as the Managing Director & CEO, for a further period of one year from April 29, 2021.
Correct Answer : D.P. Operation
Correct Answer : Rs 2 lakh
The Reserve Bank of India has increased the maximum amount outstanding in respect of full-KYC PPIs (KYC-compliant PPIs) from Rs. 1 lakh to Rs. 2 lakh.
Correct Answer : ICICI Bank
ICICI Bank announced the launch of its 'Merchant Stack', a set of digital banking services specially curated for retail merchants.
Correct Answer : Rs. 15,000
The tenure of the loan issued by NBFC-MFI to the borrower should not be less than 24 months for loan amount in excess of Rs. 15,000.
Correct Answer : 10.0%
HDFC Bank has cut India's growth projection to 10 % from 11.5 % for the current financial year, citing the adverse effect of the second Covid-19 wave.
Correct Answer : Bajaj Finance
The Reserve Bank of India (RBI) on Tuesday, 4 May 2021, granted an authorization to Bajaj Finance for issuance and operation of semi-closed prepaid payment instruments with perpetual validity.
Correct Answer : Government of India
The Government of India has the sole right to mint coins. The Reserve Bank puts the coins into circulation on behalf of the Central Government.
