The Department of Posts on Friday started a contest inviting logo design and tagline for its payments bank from the public with a prize money of Rs 50,000 for the winner. "The Department of Posts on June 10, 2016, launched a logo and tagline design contest for the soon to be set up India Post Payments Bank on the MyGov website.
The contest is open to all Indian citizens, institutions, agencies and entities for one month until July 9, 2016," the Postal Department said in a statement.
The Cabinet on Wednesday cleared a proposal to set up India Post Payments Bank with a corpus of Rs 800 crore and a plan for 650 branches operational by September 2017. It will be expanded further to cover the entire country by the end of 2018-19.
Readers' Choice
Haryana IAS may be forcibly retired for her long absence from duty
Bihar Chief Secretary may get service extension
Rajasthan Govt recommends halting pension of IAS officer in wheat scam case
Neeraj Mandloi is new ACS to Chief Minister, IAS reshuffle includes nine officers
RK Sharma takes charge as DGP
DoP initiates logo contest for payments bank
By IndianMandarins - 2016-06-12 11:25:35
The Department of Posts on Friday started a contest inviting logo design and tagline for its payments bank from the public with a prize money of Rs 50,000 for the winner. "The Department of Posts on June 10, 2016, launched a logo and tagline design contest for the soon to be set up India Post Payments Bank on the MyGov website.
The contest is open to all Indian citizens, institutions, agencies and entities for one month until July 9, 2016," the Postal Department said in a statement.
The Cabinet on Wednesday cleared a proposal to set up India Post Payments Bank with a corpus of Rs 800 crore and a plan for 650 branches operational by September 2017. It will be expanded further to cover the entire country by the end of 2018-19.
