SILCHAR, Sept 2 - India Post Payments Bank (IPPB) was launched in Silchar on Saturday, which is aimed at providing banking service to the people living in the remote areas of the district.
Alongside the central inauguration of the public sector company under the Department of Posts with 100 per cent Government of India equity by Prime Minister Narendra Modi at Talkatora stadium in New Delhi, Postal officials organised a parallel function at Banga Bhawan to disseminate the dimensions of the new venture.
Silchar MLA Dilip Kumar Paul hailed the initiative saying that this would bring in a revolutionary change in integrating banking and postal services in the country in the interest of the people, especially in the rural areas. �This is a major reform in the postal sector which came only in four years of the government as against 60 years of misrule in the country,� he claimed.
Cachar Deputy Commissioner S Laxmanan informed that with this opening, Silchar joined the 650 centres across the country to have the IPPB facilities. Inclusion of banking in postal services is a great move, the Deputy Commissioner maintained.
Former Union Minister of State for Communications Kabindra Purakayastha and Cachar SP Rakesh Roushan also shared their thoughts on the occasion.
H Yimchunger, senior superintendent of Posts, Cachar circle informed the gathering regarding the facilities of the IPPB in his welcome address.