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Reserve Bank of India (RBI) has announced the inclusion of Airtel Payments Bank in the second schedule of the Reserve Bank of India Act, 1934. Where is the headquarters of Airtel Payments Bank?
Correct Option is New Delhi
Solution:The Reserve Bank of India (RBI) announced the inclusion of Airtel Payments Bank in the second schedule of the Reserve Bank of India Act, 1934. Being a Scheduled Payments Bank, Airtel Payments Bank can take part in government and other large corporations issued Request for Proposals (RFP), primary auctions, fixed-rate and variable rate repos, and reverse repos, along with participation in Marginal Standing Facility. About Airtel Payments Bank: Founded: January 2017 Headquarters: Delhi MD & CEO: Anubrata Biswas
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