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India Post Payments Bank launch today: Postmen to deliver banking services

Ahead of India Post Payments Bank launch, men in khaki have been trained by NIBF

India Post Payments Bank launch today: Postmen to deliver banking services
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Mayank Jain New Delhi
Rajesh Singh, a 30-something who has been a postman for five years, is proud of getting 150 people to open bank accounts in his area. He is one of the many khaki-clad postmen in the General Post Office of the national capital who have recently turned banking official for India Post Payments Bank (IPPB).

A postman like him will help Prime Minister Narendra Modi open an account with IPPB this Saturday, after launching the most ambitious banking operation in the country in recent times. 

The bank, in which the Union government owns 100 per cent equity, got its licence in

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