First anniversary of India Post Payments Bank

On the occasion of the first anniversary of India Post Payments Bank, addressed the officers and employees of India Post and complimented them for opening 1 Crore payment bank accounts in one year.

Communication and IT Minister Ravi Shankar Prasad has said that all 440 schemes of Centre and State government related to direct benefit transfer, DBT should ride on India post payment Bank. Presently only 40 DBT schemes are available on the payment bank. Addressing a function to commemorate 1st Anniversary of India Post Payments Bank in New Delhi, Mr Prasad said, it has opened one crore accounts in the last one year and directed the payment bank to work on opening five crore more accounts in the next one year. The Minister said, the postal payment bank should be more accessible to the people of underprivileged section.

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