Back to Career News

India Posts Bank May Offer Services All Across India by April

November 06, 2017

India Posts Bank May Offer Services All Across India by April

The services under the India Posts Payments Bank(IPPB) might be available all across India by April next year, Communications Minister Manoj Sinha said.  He said that the payments bank will have its branches in 650 districts by April, thus making it the largest payments banking network in India.

Currently, there are only two branches of IPPB- one in Ranchi, and one in Raipur. However, many more of these will be opened soon that will be connected to the rural post offices.

In total, there are about 1.55 lakh post offices in India.

Important Links:
Tags:
Finance

Recommended for you ...

Bombay High Court Rules Against Public Sector Banks' Authority to Issue Look Out Circulars
Bombay High Court Rules Against Public Sector Banks' Authority to Issue Look Out Circulars

April 24, 2024

U.S. Regulators Investigate Banks Over Whistleblower Rights
U.S. Regulators Investigate Banks Over Whistleblower Rights

April 24, 2024

India Leads Call for Reforms in Global Development Banks, Collaborates with UN and BRICS
India Leads Call for Reforms in Global Development Banks, Collaborates with UN and BRICS

April 24, 2024

Chat on WhatsApp