PM Launches Post Payments Bank: 1.55 Lakh Post Offices, 3 Lakh Postmen to Take Banking to Doorstep

India Post Payments Bank (IPPB) will be like any other bank but its operations will be on a smaller scale without involving any credit risk. It will carry out most banking operations like accepting deposits but can’t advance loans or issue credit cards.

from Top India News- News18.com https://ift.tt/2NCWPMh