Press Enter

Share with your friends and help them crack UPSC!

Or Share on


Correct Option is 5

According to the latest guidelines of RBI, Payments banks can apply for conversion into small finance banks (SFBs) after five years of successful operation.
The promoter of a payments bank is eligible to set up an SFB, provided that both banks come under the non-operating financial holding company (NOFHC) structure.

Get access to all of our verified questions