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Payments banks are a new model of banks, conceptualised by the Reserve Bank of India (RBI), which cannot issue credit. These banks can accept a restricted deposit, which is currently limited to ₹200,000 per customer and may be increased further. These banks cannot issue loans and credit cards. Both current account and savings accounts can be operated by such banks. Payments banks can issue ATM cards or debit cards and provide online or mobile banking. Bharti Airtel set up India’s first payments bank, Airtel Payments Bank.
NSDL stands for National Securities Depository Limited. It is commonly used in industry/category/general. It is a widely recognized abbreviation/acronym used in various contexts.
NSDL or National Securities Depository Limited, finds applications in various fields such as relevant industries or general usage areas. It plays a critical role in specific function or value-add.
Knowing the full form of NSDL helps in understanding its importance in industry, field, or specific area. It enables better communication, deeper insights, and practical applications.
Knowing the full form of NSDL helps in:
Here are a few examples of how NSDL is typically used:
The full form of NSDL is An National Securities Depository Limited.
NSDL is used in industries or scenarios.
NSDL is important because it helps in specific function or benefit.
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Articles with short descriptionBanking in IndiaPayments banksShort description matches Wikidata