 "Narendra Modi")
As it looks to give a fillip for banking services in rural areas, the government has increased the outlay for setting up an India Post Payments Bank (IPPB) to Rs 14.35 billion.
The bank, which will be launched by Prime Minister Narendra Modi on September 1, is set to be a star-studded affair, with all the central ministers, chief ministers, Members of Parliament, and state assemblies doing simultaneous launches in all the 650 districts and 3,250 access points of the IPPB across the country. The launches in the districts will be preceded by a main event at Talkatora Stadium
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