 "India Post's bank to open 650 branches by April-May")
The government is gearing to open 650 branches of India Post Payments Bank (IPPB) by April-May next year as it looks to facilitate financial inclusion across the country, primarily in rural areas.
As per Communications Minister Manoj Sinha, the branches are likely to be functional in all the 650 districts of the country by April-May next year and all the rural post offices will be connected to these branches.
India has 154,000 post offices, of which 139,000 are rural post offices.
The IPPB has already missed the September deadline to open branches across the country, primarily because it failed to get a system
