Telecom Minister Shri. Manoj Sinha and Finance Minister Shri. Arun Jaitley on inaugurated the first branches of India Post Payment Bank. Play the below video to watch the inauguration function.
India Post recently received payments bank licence from the Reserve Bank of India (RBI) to kick off banking operations commercially under the permit. It became the third entity to get payments bank permit from the RBI after Bharti Airtel, India’s leading telecom operator and PayTM, which also offers ecommerce and wallet services.
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