Difference Between Payment Banks and Small Finance Banks

The following table gives a crisp overview of small finance banks and Payment banks. Difference Small Bank Payments Bank Eligibility Professionals with 10 years in financial services or promoter group with 5 year track record Card Issuers, Finance Companies, Business Correspondents, Telecom Companies, Retailers etc. Capital Requirement Rs. 100 Crore Equity Capital Rs. 100 Crore […]