India Post Payments Bank to open 650 branches in major districts by September 2017: Prasad
The Cabinet on June 2 cleared the proposal to set up India Post Payments Bank (IPPB) with a corpus of Rs 800 crore and a plan for 650 branches operational by September 2017.
Union Minister for Communications and Information Technology Ravi Shankar Prasad addresses a seminar on "Information Technology and Cyber Crime - Challenges Faced by Indian and International Organisation", in Mumbai on June 8, 2016. Image Source: IANS