India Post Payments Bank is nationwide launched by Prime Minister, Shri Narendra Modi today on the 1st of September 2018. It has been incorporated as a public sector company under the Department of Posts with 100% GOI equity and is governed by the Reserve Bank of India.All customers will be given a QR code card, different from a debit or credit card, which can be used for making payments by scanning the QR code and authenticating their biometric.
A special cover was released on India Post payments bank today on 1st September 2018 in Patna with a special postmark .
Chief Postmaster General presenting the special cover album to Mr. Pradip Jain
Left to right : Director Postal Service (Mr. Manoj Kumar), payment bank head (Mr. Mukesh Mishra, Sr. Manager IPPB, Patna Branch) Mr. Pradip Jain, Philatelist, Chief Postmaster General (M.E. Haq) and Chief Postmaster Patna GPO (Mr. Rajdev jee)
Club News
Karnataka Philatelic Society under the Patronage of Royal Philatelic Society of London is organising an International Seminar on 21 October 2018.
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