Differential Banks

Basic Input

Differentiated banks

  • Differentiated banks are banking institutions licensed by the RBI to provide specific banking services and products.
  • It is a system refers to the system of different licenses for different sub components of the banking sector such as Limited Banking License, Commercial Banking License etc.
  • A differentiated license will allow a bank to offer products only in select areas.
  • India Post Payments Bank : Prime Minister launched the India Post Payments Bank (IPPB) that aims “to change the banking system in the country”. IPPB will offer a range of products such as savings and ....
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