June 2: The government yesterday cleared the proposal to set up the India post payments bank with a corpus of Rs. 800 Cr. They have plans to have 650 branches operational by September 2017. To know more about the same, Bloomberg TV India’s Ashutosh kumar caught up Telecom Minister Ravi Shankar Prasad, who is confident that it is a matter of time before payment banks become a full bank. Here is a slice of that conversation.