Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Bank type
|
| gptkbp:canBe |
Offer ATM/debit cards
Offer internet banking Offer mobile banking Accept deposits up to a limit Distribute insurance products Distribute mutual funds Facilitate remittances |
| gptkbp:compatibleWith |
Issue credit cards
Issue loans Provide overdraft facilities |
| gptkbp:depositLimit |
₹2 lakh per customer (as of 2021)
|
| gptkbp:example |
gptkb:Jio_Payments_Bank
gptkb:Airtel_Payments_Bank gptkb:Fino_Payments_Bank gptkb:India_Post_Payments_Bank gptkb:Paytm_Payments_Bank |
| gptkbp:headquarters |
gptkb:India
|
| https://www.w3.org/2000/01/rdf-schema#label |
Payments banks
|
| gptkbp:introducedIn |
gptkb:India
|
| gptkbp:launchDate |
2015
|
| gptkbp:license |
Differentiated bank license
|
| gptkbp:purpose |
Financial inclusion
|
| gptkbp:regulates |
gptkb:Reserve_Bank_of_India
|
| gptkbp:requires |
Maintain CRR with RBI
Invest minimum 75% of demand deposit balances in government securities |
| gptkbp:targetAudience |
Small businesses
Low-income households Migrant labourers Unorganised sector entities |
| gptkbp:bfsParent |
gptkb:Deposit_Insurance_and_Credit_Guarantee_Corporation
|
| gptkbp:bfsLayer |
6
|