PSU NEWS
NALCO CMD Describes IPPB as a Powerful Measure for Digitalization and Inclusive Growth
Puri: Aimed at the speedy financial inclusion of all sections of the society, Dr. T.K Chand, CMD, NALCO, alongside Shri Pinaki Mishra, MP, Lok Sabha, and Shri Raghunath Mohapatra, MP, Rajya Sabha, yesterday launched the much-awaited India Post Payments Bank (IPPB) in Puri.
The launch in Odisha followed the national rollout of IPBB by Prime Minister of India at a function in New Delhi. 33 branches and 165 Access Points all over Odisha Postal Circle was launched.
Dr. T.K. Chand, CMD, NALCO, said, The move to launch the IPBB is a powerful measure that will greatly benefit the masses, especially people from the rural pockets. This will provide an accessible, affordable and trusted Bank for the common man, to speedily achieve the objective of financial inclusion of the Government. The huge network of the Postal department can be leveraged effectively to achieve this objective.
It is worth mentioning that the Civil Society members present in the launch ceremony were highly appreciative of the gesture of Dr. Chand to transfer Rs 15000 from his salary account and distribute Rs 500 to each of the BPL girl children who have attended the function. Such a personal initiative of Dr. Chand has been there on earlier occasions as well, which shows his empathetic attitude towards the needs of the underprivileged section of society. No wonder this attitude has driven NALCO to develop a caring and sharing face of the organisation in matters of welfare and CSR.
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