Current Affairs

GK MCQs Section
Q. Where is the headquarters of the Fino Payment Bank located?
Answer: Mumbai
Notes: Mumbai-headquartered Fino Payment bank has been included in the category of a scheduled commercial bank, by the Reserve Bank of India.
The country’s central bank said that it has included Fino Payments Bank in the Second Schedule of the Reserve Bank of India Act, 1934. With this, the payment bank will have more exposure in treasury and participation in liquidity adjustment facility (LAF) window.
Question Source: 📚This question is part of Daily Current Affairs 20 MCQs Series in GKToday Android Application. This series can be subscribed in the app only for Rs. 999/- for entire year. Download the app here.