India Post Payments Bank: Branches To Help Promote Financial Inclusion

Government of India Communication Department Ministry has informed that the Government is working on putting 650 branches of India Post Payment Banks which is expected to help out in Financial Inclusion.

It is known that already two branches of the Bank are functioning at Raipur and Ranchi.  The purpose of opening another 650 Post Payments Banks is to push forward the Financial inclusion in and around 1.55 lakh Villages, PAN India.

The Minister of Communications also advised the Postal employees to update themselves with the latest Technological changes and bear with interruptions., in order to keep in line with the social values.  The way in which the Technology is upgrading only reveals, that one should try to get associated with the technology, and at the same time ensure to keep in mind the values of the Departments concerned, which indeed proves to be a big challenge, the minister added.

The minister was addressing the gathering at the National Postal Week (October 9-15).  Also, he announced two new offerings

– International Tracked Packet Service and
-e IPO (Indian Postal Order)


Author: Admin Bankedge

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