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Public Investment Board
Public Investment Board News
Post Office savings
14 Mar 2016
Core banking facility available at over 20K post offices
Customers with Post Office savings can now operate their accounts from 20,106 branches as they have been connected with core banking facility, Telecom Minister Ravi Shankar Prasad said on Monday.
India Post
19 Jan 2016
PIB likely to approve India Post's payments bank proposal
The Public Investment Board (PIB) on Tuesday discussed the Rs 800-crore proposal from the India Post for setting up a payments bank and the final approval on the same is expected in the next meeting.
Department of Posts
27 Sep 2015
DoP to seek Cabinet nod for Rs 292 cr to set up payments bank
The Department of Posts (DoP) is expected to seek Cabinet nod within two months for raising Rs 292 crore from public investment board to set-up payments bank, for which it has already got the RBI approval.
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