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.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 7 in 18 - Payment Banks in the above course in App.