Economics · Economy
Efforts to deepen financial access and trust among underserved populations have led to the creation of public-sector banking entities. What is the correct equity ownership structure of the India Post Payments Bank (IPPB)?
- 150% by NABARD and 50% by RBI
- 275% by Government of India and 25% by States
- 350% each by Government of India and RBI
- 4100% owned by the Government of India✓
Correct answer
100% owned by the Government of India
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