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28
Q:

Which Payments Bank becoming the first bank to offer cash backs on deposits  ?

A) Postal Payments Bank B) Airtel Payments Bank
C) Aditya Birla Payments Bank D) Paytm Payments Bank

Answer:   D) Paytm Payments Bank



Explanation:

Paytm Payments Bank becoming the first bank to offer cash backs on deposits. Customers will also be offered zero charges on all online transactions and no minimum balance requirement. The Payments Bank plans to roll out 31 branches and 3,000 customer service points in the first year. For savings accounts, it will offer an interest of 4 percent per annum. It will also offer current accounts to its millions of merchants.

Subject: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO
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