1.25 lakh post offices to get ATMs, says minister

154

Jayant-Sinha_ibnWork is on to install autimated Teller Machines (ATMs) and micro ATMs at over 1.25 lakh post offices across the country to help people living in far-flung areas to withdraw money, the government informed the lower House of parliament.

Minister of State for Finance Jayant Sinha said that people hired temporarily at branches with inadequate staff, known as ‘Bank Mitra’, will be a huge help for the people living in distant places.

He also informed that the backlog vacancies are being filled and added. Moreover, 60,000 people have been recruited against the retirement of 38,000 people in the public sector banks, the minister said.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the BFSI industry. Join Us for Elets BFSI Gamechanger Summit, Goa and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.