Payments Bank Current Affairs - 2019

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India Post Payments Bank to start operations with 650 branches in August 2018

India Post Payments Bank (IPPB) is expected to go live with 650 branches in addition to 3,250 access points co-located at post offices in August, 2018 following final clearance from Reserve Bank of India (RBI) to start. RBI has given approval to IPPB after testing its entire system. Key Facts IPPB was incorporated on August Read More…

Month:  Categories: Business, Economy & Banking

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IPPB Bank to become operational in 650 districts by April 2018

The Union Government has announced that India Post Payments Bank (IPPB) will become operational in all 650 districts of the country by April 2018 to facilitate financial inclusion. These banks will be linked to 1.55 lakh rural post offices for its operations and carry out banking services. This will be largest banking network in the Read More…

Month:  Categories: Business, Economy & Banking

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