Mysuru: Prime Minister Narendra Modi will launch India Post Payments Bank (IPPB) at Talkatora Stadium in New Delhi at 2.30 pm today. The launch will be simultaneous across the nation and an event has been organised in Mysuru at Leela Chennaiah Convention Hall on Valmiki Road. The IPPB will have 650 branches and 3,250 access points spread across the country. The facility will also be inaugurated at five post offices in Mysuru including Ittigegud, Head Post Office, Chamundi Hill, Postal Training Centre (PTC) and Duddagere. Mysuru District Lead Bank Chief Manager Venkatachalapathi will be the chief guest at the event in city and the guests of honour will be All India Radio Assistant Director (Programmes) H. Srinivas and New Maharani’s Commerce and Management College Post-Graduate Department of Commerce Co-ordinator Dr. S. Manju. According to a statement from the Central Government, it aims to link all 1.55 lakh post offices to IPPB by Dec. 31 of this year.
