May 2018 is an important month for various reasons, one of them being the India post payment banks PAN-India roll out from may! Refuting all the speculations of delays, etc.
Postal secretary Ananta Narayan Nanda had recently stated that “By April, all our systems will be ready. We will start rolling out all India Post Payments Bank (IPPB) branches between May and September.”
With an investment of Rs.1,450 crore, if the proposed plan is completed, IPPB will be the provider of the largest financial inclusion network in India, offering its services to both rural and urban areas with a scope of providing digital payment facilities to even rural household doorsteps using postmen and Grameen Dak Sevaks (GDS).
WHAT IS A PAYMENT BANK?
Denne historien er fra May 2018-utgaven av Mad About Money.
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Denne historien er fra May 2018-utgaven av Mad About Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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India Post Payment Bank Rollout Plan
May 2018 is an important month for various reasons, one of them being the India post payment banks PAN-India roll out from may! Refuting all the speculations of delays, etc.
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