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Public Investment Board

Core banking facility available at over 20K post offices

Customers with Post Office savings can now operate their accounts from 20,106 branches as they have been connected with core banking facility, Telecom Minister Ravi Shankar Prasad said on Monday.

Mar 14, 2016, 16:25 PM IST

PIB likely to approve India Post's payments bank proposal

The Public Investment Board (PIB) on Tuesday discussed the Rs 800-crore proposal from the India Post for setting up a payments bank and the final approval on the same is expected in the next meeting.


Jan 19, 2016, 20:19 PM IST

DoP to seek Cabinet nod for Rs 292 cr to set up payments bank

The Department of Posts (DoP) is expected to seek Cabinet nod within two months for raising Rs 292 crore from public investment board to set-up payments bank, for which it has already got the RBI approval.

Sep 27, 2015, 11:56 AM IST

Central nod for Lucknow Metro: Official

The Public Investment Board (PIB) in the Finance Ministry is understood to have cleared the 23 km-long Lucknow Metro Project on Thursday at an estimated cost of over Rs 6,900 crore.

Aug 06, 2015, 18:24 PM IST