Discussion
How many promoter banks are there in NPCI?
Answer: A
Correct answer: 10
NPCI was founded by ten promoter banks - State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank and HSBC - a deliberate mix of public sector, private and foreign banks. The shareholding was later broadened to many more banks.
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