NEW DELHI: Telecom Minister
Manoj Sinha and Finance minister Arun Jaitley on Monday launched 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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