New Delhi:
Taking a note of Union Finance Minister Nirmala Sitharaman's speech in 2018,
Union Telecom Minister Ravi Shankar Prasad has asked the Finance Minister to
extend her support in creating awareness about the benefits offered by India
Postal Payments' Bank (IPPB). In a letter to Sitharaman, the Telecom Minister
said, "The IPPB is not only utilizing the reach and credibility of over
1.5 lakh post offices across the country, but the postal bank is also offering
inter-operability of all accounts through Aadhaar Enabled Payment System (AePS)
and a reliable network for Direct Benefit Transfer (DBT) disbursements."
Stressing on
the viability and user-friendly features of the IPPB, Prasad has asked
Sitharaman to consider IPPB for the disbursal of government benefits of the
Finance Ministry and departments of the ministry. "The doorstep delivery
facility of the IPPB making banking a hassle-free affair for senior citizens
and other as customers are availing all banking amenities at their home. Since,
the IPPB is a 100 per cent government-owned bank, its offering accountability
of service," the minister said.
The Finance
Minister has been urged to open her account in the IPPB. Meanwhile, the Telecom
Minister on Friday opened his account in the IPPB at Patna circle. Notably,
Sitharaman had appealed to people in 2018 to make use of the IPPB to reap the
benefits offered by the Centre and state governments. Sitharaman, the then
Defence Minister, had endorsed the benefits of the IPPB after formally
launching the scheme in Tamil Nadu last year.
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