Which of the following entities have NOT been granted ldquo in principle rdquo approvals to set up p...........

Economic Affairs Types of Banks and Banking

Which of the following entities have NOT been granted “in-principle” approvals to set up payment banks by the Reserve Bank of India?

1. State Bank of India

2. Canara Bank

3. Bharat Sanchar Nigam Limited

4. India Post

Select the correct answer using the code given below:

1, 2 and 3 only

2 and 4 only

1 and 3 only

1, 2, 3 and 4

exp: Only Indian post are allowed to granted “in-principle” approvals to set up payment banks by the Reserve Bank of India.

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