March 2017 will see the launch of India Post’s payment bank.
Inaugurating the Good Governance Week Celebration here, Communication and IT Minister Ravi Shankar Prasad said 40 international financial conglomerates, including World Bank and Barclays, have shown interest to partner with Postal Department for the payment bank.
The Reserve Bank of India had granted in-principle approval to 11 applicants, including Postal Department, in August to set up payments banks.
000 25 30 50 2016 Bangalore Bangalore’s Biggest business China commentary economy elections entertainment events extreme featured football habits health heart disease horce racing How your stressful job may kill you?? India India's first upgraded MiG-29UPG fighter aircraft has begun scheduled flights Indian Terrain Tour of Nilgiris 2015 concludes at Pollachi Japan lifestyle marathon medicine Mentor Conclave 2015 Most-Awaited In-Mall Fashion Extravaganza is back Narendra Modi news New study Now politics Pomegranates have been found to have no effect on most heart risk factors Russia Saketh-Sanam clinch doubles crown sharad pawar Sonakshi Sinha Sport Supreme Court Talent is less important than passion when it comes to professional success Tamil Nadu
