In which of the following states is the headquarters of NSDL Payments Bank situated?

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SSC Matric Level Previous Paper (Held on: 10 Feb 2022 Shift 1)
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  1. Tamil Nadu
  2. Maharashtra
  3. Karnataka
  4. Sikkim

Answer (Detailed Solution Below)

Option 2 : Maharashtra
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Detailed Solution

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The correct answer is Maharashtra.

Important Points

  • The headquarters of NSDL Payments Bank is situated in Maharashtra.
  • NSDL Payments Bank is offering 3-in-1 Savings Account to Customers partnered with Marwadi Financial Services
  • Marwadi Financial Services has joined hands with NSDL Payments Bank to offer 3-in-1 savings bank accounts with features of savings, Demat (Dematerialised Account), and trading accounts to boost its customer experience.
  • This partnership will also allow NSDL Payments Bank to access Marwadi’s clients and expand its customer base.
  • NSDL Payments Bank is a subsidiary of NSDL (National Securities Depository Limited), the first and the largest depository in India.

Additional Information 

Banks Headquarters
Andhra Bank Hyderabad
Axis Bank Mumbai
Bank of Baroda Vadodara
Bank of India Mumbai
Canara Bank Bangalore
ICICI Bank Mumbai
State Bank of India Mumbai
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