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A payments bank will be recognized as Systematically Importatant when the net worth of the bank reaches _____ 

  • A.Rs 350 crore
  • B.Rs 500 crore
  • C.Rs 550 crore
  • D.Rs 800 crore

Answer: B

Correct answer: Rs 500 crore

A payments bank whose net worth reaches Rs 500 crore is treated as systemically important and becomes subject to the additional regulatory requirements that follow - enhanced disclosure, governance and supervisory attention. The threshold recognises that a payments bank of that size handles enough of the payment system for its failure to matter beyond its own customers.

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