Payment Bank Services in India: RBI Approval, Benefits & 24/7 Support
Payment banks in India play a vital role in promoting financial inclusion by offering basic banking services with a strong digital focus. Approved and regulated by the Reserve Bank of India (RBI), payment banks provide safe, affordable, and accessible banking solutions, especially for individuals, small businesses, and rural users. As digital payments continue to grow, RBI payment banks are becoming an essential part of India’s financial ecosystem.
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