Photo: BloombergNew Delhi: India Posts Payments Bank (IPPB) services are expected to be available across the country by April, communications minister Manoj Sinha said Friday. “(India Posts) Payments Bank branches will be opened across 650 districts by around April. There are 1.55 lakh post offices in the country. In the private space, Airtel Payments Bank, launched in January this year, started operations with a network of 2.5 lakh merchants. Chinese internet firm Alibaba controlled Paytm also started payments bank operations this year.
Source: Mint November 03, 2017 15:22 UTC