India Post has received payments bank licence from the RBI to start rollout of banking operations commercially under the permit. Photo: MintNew Delhi: India Post has received payments bank licence from the Reserve Bank of India to start rollout of banking operations commercially under the permit. “India Post has received payments bank licence. India Post Payments Bank is the third entity to receive payments bank permit after Bharti Airtel and Paytm. AP Singh has been appointed as interim MD and CEO of the India Post Payment Bank.

Source: Mint January 28, 2017 10:56 UTC