The video discusses all details related to Small and Payment Banks.
The question being discussed is:
Consider the following statement about The India Post Payments Bank Limited:
1. The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.
2. IPPB will offer demand deposits such as savings and current accounts upto a balance of Rs 1 Lac.
3. It will issue debit and credit cards.
This video was a part of our video explainers for FLTs of Flagship Prelims 2017 test series.
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