Tag: Postal Bank

Bhubaneswar: In another step towards fulfilling its target of cashless economy, the Centre today launched India Post Payments Bank (IPPB), country’s largest bank in terms of the network which will use vast postal network to offer door-to-door financial services to people across the country. Prime Minister Narendra Modi inaugurated the banking facility at a special […]

New Delhi: In a bid to further deepen financial inclusion in the country, the NITI Aayog has suggested the creation of a Dak Bank — postal bank — by merging the regional rural banks, among other recommendations to the government. In a recent presentation to the Prime Minister’s Office and the Finance Ministry, the NITI […]