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Discussion

Which among the following was the first entity to Receive Payment Bank Licence ?

  • A.Aditya Birla Payment Bank
  • B.Airtel Payment Bank
  • C.Fino Payment Bank
  • D.Paytm Payment Bank

Answer: B

Airtel Payment Bank. It is a joint venture between Bharti Airtel Ltd and Kotak Mahindra Bank Ltd. Kotak Bank holds 19.9 % stake in Airtel Payment Bank and Headquarters in New Delhi. Anubrata Biswas is MD and CEO of Airtel Payment Bank.

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