Tricks to Learn Payment Banks Headquarters and Taglines

Tricks to Learn Payment Banks Headquarters and Taglines

Payments Banks are banks which are set up with an objective to provide small savings accounts and payments or remittance services to low income households, small businesses, other unorganized sector entities and other users. These banks can able to operate current accounts and saving accounts. They can issue ATM or Debit cards, Net Banking and Mobile Banking facilities but don’t have rights to provide lending services such as credit cards and issue loans facilities.
Below is a list and tricks to learn about payment banks Headquarters, Taglines, MD & CEO and Chairman. They are important from exam point of view for various banking examinations like SBI PO, SBI CLERK, IBPS PO, IBPS CLERK etc.

1). Airtel Payment Bank (1st Payment Bank, April 1 2016)

Sunil ne New Delhi se  Anubha ko Airtel Mobile se call krke btaya now Airtel offers Banking at Your fingertips
Headquarter Tagline MD/ CEO/ CMD Chairman
New Delhi Banking Is Now At Your Fingertips India’s First Payment Bank Anubrata Vishwas Sunil Bharti Mittal

2). FINO Payment Bank

Mahendra ne Rishi ko Mumbai main ENO pilaya who is FINE now or use btaya ki ENO Qadar Krta hain aapki mehnat ki
Headquarter Tagline MD/ CEO/ CMD Chairman
Mumbai Qadar Aapki Mehnat Ki Rishi Gupta Mahendra Kumar Chouhan

3). Indian Post Payment Bank

Indian Post ke Suresh ne New delhi mai hui press conference mai kaha kahi mat jaiye ku ki Indian Post le kar aaya hai Aapka Bank Aapke Dwar
Headquarter Tagline MD/ CEO/ CMD Chairman
New Delhi Aapka Bank Aapka Dwar Suresh Sethi Suresh Sethi

4). Jiyo Payment Bank

Shree Krishna ne Vivek se kaha Mumbai ka Jio le kar aaya hai Your Everyday Bank for all Financial Needs
Headquarter Tagline MD/ CEO/ CMD Chairman
Mumbai YOUR EVERYDAY BANK For all of your payments, banking and financial needs H Srikrishnan Vivek Bhandari

5). Paytm Payment Bank

Vijay Shekhar ne Renu se kaha launch a Bank which Simplifies payments in India and she said Noida ka paytm hai na use simple kya hoga
Headquarter Tagline MD/ CEO/ CMD Chairman
Noida Simplifying Payments For India Renu Sati Vijay Shekhar Sharma

6). Aditya Birla Payment Bank

Himanshu ne Sudha or Aditya se kaha come to our Mumbai office to know us Better we are a leading payment bank in India
Headquarter Tagline MD/ CEO/ CMD Chairman
Mumbai Get To Know Us Better Sudhakar Ramasubramanian Himanshu Kapania
  • As of now, 6 Payments Banks are live and Jiyo was the latest payment bank to commence its operation. NSDL and Vodafone payments banks are expected to be live soon. 
  • RBI gives license to 11 entities selected to launch Payment banks on19 August 2015.They are 
    1. Aditya Birla Nuvo 
    2. Airtel M Commerce Services 
    3. Cholamandalam Distribution Services 
    4. Department of Posts 
    5. FINO PayTech 
    6. National Securities Depository Limited (NSDL) 
    7. Reliance Industries 
    8. Sun Pharmaceuticals 
    9. Paytm 
    10. Tech Mahindra 
    11. Vodafone M-Pesa 
Out of these, Cholamandalam Distribution Services, Sun Pharmaceuticals and Tech Mahindra have surrendered their licenses.

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