Cabinet approves MoU between India and Republic of Korea to issue jointly Postage Stamp

Union Cabinet chaired by Prime Minister Narendra Modi gave its approval for an MoU, which was signed in February, 2019 between India and Republic of Korea. Department of Posts, Ministry of Communications, Government of India and The Ministry of Science ..

Special Stamps on Ice Stupa Released

India Post released a special stamp cover on Ice Stupa in Leh at an event in the presence of Himalayan Institute of Alternatives Ladakh founder Sonam Wangchuk who spearheaded the Ice Stupa initiative. Ice Stupa Ice Stupas refer to the ..

Month: Current Affairs - March, 2019

Internet Facility for Post Office Savings Bank Customers Launched

India Post has started internet facility of the customers of Post office savings bank account. The facility was launched by Union Minister for Communication (independent charge) Manoj Sinha at National Media Centre, New Delhi. Revamped version of Indian Post website ..

Month: Current Affairs - December, 2018

India Post Payments Bank ties up with Bajaj Allianz Life Insurance to provide insurance to all

India Post Payments Bank (IPPB) has tied up with private life insurer Bajaj Allianz Life Insurance Co Ltd (BALIC) to provide life insurance solutions, especially at the doorstep of every household in the country. With this partnership, IPPB customers across ..

India Post Payments Bank (IPPB) ties up with FSS to create payments network for unorganized retail

The India Post Payments Bank (IPPB) has partnered with Financial Software and Systems (FSS) to create payments network for unorganized retail. FSS is a payments technology company that enables micro-merchants to accept payments online, or via Unified Payments Interface (UPI), ..

The Department of Posts launches Cool EMS Service between India and Japan

The Department of Posts under Ministry of Communications has launched Cool EMS Service between India and Japan, which will come into force from 29.03.2018. It is one-way service from Japan to India which allows customers in India to import Japanese ..

IICA signs MoU with India Post Payments Bank to provide training on payment banking

The India Post Payments Bank (IPPB) has signed a Memorandum of Understanding (MoU) with Indian Institute of Corporate Affairs (IICA) to offer relevant training to the employees on issues pertaining payment banking. Under the agreement, IICA has been entrusted with ..

Deen Dayal SPARSH Yojana launched to promote philately

The Union Ministry of Communications has launched Deen Dayal SPARSH Yojana, a pan India scholarship program for school children to increase the reach of Philately. The SPARSH stands for Scholarship for Promotion of Aptitude & Research in Stamps as a ..

Month: Current Affairs - November, 2017

Suresh Sethi appointed as new MD & CEO of India Post Payments Bank (IPPB)

Suresh Sethi, the former MD of Vodafone M-Pesa Ltd., has been appointed as the new Managing Director & Chief Executive Officer (MD & CEO) of India Post Payments Bank (IPPB). He succeeded A.P. Singh, who had been the interim MD ..

RTI for NRIs made easier

Indians living abroad can now without difficulty hunt for information from public authorities in their home country via the RTI (Right to Information) Act. What was the problem for NRIs seeking information via RTI? The RBI had already previously permitted ..

Month: Current Affairs - May, 2012