Payments Bank: A. Payments banks is an Indian new model of banks conceptualised by the Reserve Bank of India (RBI). B. These banks can accept a restricted deposit, which is currently limited to Rs. 100,000 per customer and may be increased further. C. Payments banks con't issue loans and credit cards. Both current account and savings accounts will be operated by such banks. D. Payments banks can issue ATM cards or debit cards and provide online or mobile banking.