02 September,2018 09:30 AM IST | New Delhi | PTI
Amit Shah
BJP president Amit Shah on Saturday said India Post Payments Bank (IPPB), launched by Prime Minister Narendra Modi, will bring the unbanked people in remote areas of the country to the banking mainstream and empower them economically. He described the development as one of the most innovative financial inclusion initiative in independent India.
"The postman, who we all have fond memories of, will now deliver last mile banking to the unbanked in far flung remote rural areas and bring them in the mainstream. Economic independence is the first step towards empowering people and Modi sarkar is leaving no stone unturned," he tweeted.
Congratulating Modi for launching the payments bank of Indian postal department, he said it has revived and given a completely new dimension to the Indian Post, which has been serving India for a long time. The prime minister on Saturday launched the payments bank of the Department of Posts that will take banking to the doorstep of every citizen through an unmatched network of post offices and almost 3 lakh postmen and 'Grameen Dak Sewaks'.
Also Read: PM Narendra Modi Launches India Post Payments Bank Scheme
ALSO READ
West Bengal evacuates 1.14 lakh people as Cyclone Dana approaches Odisha coast
Cyclone Dana: Kolkata airport to suspend flight ops for 15 hours from Oct 24
Gujarat govt announces Rs 1,419 cr relief package for farmers affected by rains
BRICS Summit: PM Modi holds dialogue with Chinese President Xi Jinping
'India in good position to listen to both sides in Russia-Ukraine conflict'
Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever