Indian Post Payments Bank Exam Previous Year Papers 2016 – Online

The Indian Post Payments Bank declares the previous exam papers for the candidates who prepare for exam. Every year the Indian Post Payments Bank conduct the exam for various posts offered for the candidates who are interested to get job in Indian Post Payments Bank. All interested candidates fill the application forms for exam. After that all candidates appears in the examination and conduct the exam. The Indian Post Payments Bank announces result after exam completion so that candidates can know their scored marks. The Indian Post Payments Bank declares all notifications on their official website link.

Indian Post Payments Bank Exam Previous Year Papers 2016

The Payments banks are a new model of banks conceptualised by the reserve bank of India. The Payments banks can accept a restricted deposit which is currently limited to 1 lakh per customer account. The Payments banks cannot issue loans and credit cards. Both current account and savings accounts can be operated by Payments banks. The Payments banks can issue services like ATM cards, debit cards online banking and mobile banking. On 23 September 2013, Committee on Comprehensive Financial Services for Small Businesses and Low Income Households, headed by Nachiket Mor, was formed by the RBI. On 7 January 2014, the Nachiket Mor committee submitted its final report. Among its various recommendations, it recommended the formation of a new category of bank called payments bank. On 17 July 2014, the RBI released the draft guidelines for payment banks, seeking comments for interested entities and the general public. On 27 November, RBI released the final guidelines for payment banks. Official Website Link is here: www.indianpost.gov.in

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