Yak India Post Service Payments Depository Fiscal Establishment (Ippb) Volition Outset It's Operations Across India From April
"Once the proposed expansion is completed, IPPB volition live on providing the largest fiscal inclusion network inward the country, roofing both urban too equally rural hinterland amongst might to render digital payment services at the doorstep amongst the assist of Postmen in addition to Gramin Dak Sewaks (GDS)" the Department of Posts said inward a statement.

What is Payments Bank ?
Influenza A virus subtype H5N1 payments banking concern is a differentiated banking concern in addition to confines its activities to credence of involve deposits, remittance services, Internet banking in addition to other specified services. Unlike traditional banks, payments banks are non allowed to laissez passer loans or credit to customers. Payments banks tin induce got deposits of upward to Rs ane lakh per describe concern human relationship from individuals in addition to pocket-size businesses.
Important Note : IPPB volition live on the 3rd payments banking concern to induce got sum fledged operations later Airtel Payments Bank in addition to Paytm.
MD & CEO of Republic of Republic of India Post Payments Bank - Suresh Sethi
Baca Juga
MD & CEO of Republic of Republic of India Post Payments Bank - Suresh Sethi
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