Q. What is the current (February, 2022) number of active Payment Banks in India?
Answer:
6
Notes: Total 41 applicants had applied for the license for Payment Bank. Out of 41 applications, 11 entities were granted license for Payment Banks. As of February, 2022, there are 6 active payment banks in India viz. Airtel Payments Bank, India Post Payments Bank, Fino Payments Bank, Jio Payments Bank, Paytm Payments Bank and NSDL Payments Bank.