shot-button
Subscription Subscription
Home > News > India News > Article > Amit Shah India Post Payments Bank will bring unbanked people to mainstream

Amit Shah: India Post Payments Bank will bring unbanked people to mainstream

Updated on: 02 September,2018 09:30 AM IST  |  New Delhi
PTI |

Congratulating Modi for launching the payments bank of Indian postal department, he said it has revived and given a completely new dimension to the Indian Post, which has been serving India for a long time

Amit Shah: India Post Payments Bank will bring unbanked people to mainstream

Amit Shah

BJP president Amit Shah on Saturday said India Post Payments Bank (IPPB), launched by Prime Minister Narendra Modi, will bring the unbanked people in remote areas of the country to the banking mainstream and empower them economically. He described the development as one of the most innovative financial inclusion initiative in independent India.


"The postman, who we all have fond memories of, will now deliver last mile banking to the unbanked in far flung remote rural areas and bring them in the mainstream. Economic independence is the first step towards empowering people and Modi sarkar is leaving no stone unturned," he tweeted.


Congratulating Modi for launching the payments bank of Indian postal department, he said it has revived and given a completely new dimension to the Indian Post, which has been serving India for a long time. The prime minister on Saturday launched the payments bank of the Department of Posts that will take banking to the doorstep of every citizen through an unmatched network of post offices and almost 3 lakh postmen and 'Grameen Dak Sewaks'.


Also Read: PM Narendra Modi Launches India Post Payments Bank Scheme

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!


Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK