Search in Indianmoney's WealthPedia

How do payment banks make money?

By IndianMoney , 9 months ago

1. For starters, payments banks cannot engage in any lending activity. 2. Their income comprises mostly of interest from investments in safe government securities and fee income, that they can earn by distributing simple financial products such as mutual funds and insurance.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.