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Central Government News

PM LAUNCHES INDIA POST PAYMENTS BANK – A MAJOR INITIATIVE TOWARDS FINANCIAL INCLUSION

Prime Minister’s Office PM launches India Post Payments Bank – a major initiative towards financial inclusion 01 SEP 2018 The Prime Minister, Shri Narendra Modi, today launched the   India Post Payments Bank   ( IPPB ) at Talkatora Stadium in New Delhi. The function was witnessed at over 3000 locations across the country, which were connected to the main event in Delhi. Speaking on the occasion, the Prime Minister said that through the India Post Payments Bank, banking services will conveniently reach the remotest places in the country, and the people living there. He recalled that the Union Government had earlier rolled out the Jan Dhan Yojana to establish financial inclusion. He said that today’s launch of   IPPB   is one more step to achieve this objective. He said   IPPB   branches have opened across 650 districts today. The Prime Minister said that the postman has long been a respected and accepted person in the villages. He said the tru...