Governor satya pal malik launches India Postal Payments Bank in Srinagar.
By Rouf Banday:
Srinagar, Sep 1
As a part of nation-wide launch of county’s new banking behemoth — India Post Payments Bank (IPPB), Governor Satya Pal Malik launched the facility for Jammu and Kashmir at an impressive function organized by the J&K Postal Circle here on Saturday evening.
Speaking on the occasion, the Governor said that with the launching of Postal banking network, another crown has been added to the rich history of Indian Postal services.
He said despite introduction of internet and other technologies, the relevance of post offices is still intact and it continues to be a major source of communication in the rural and far-flung areas.