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India Post Payments Bank will focus on providing banking and financial services to people in rural areas, by leveraging the reach of 1.55 lakh post office branches.
The much-delayed launch of the India Post Payments Bank on Saturday has put the spotlight back on payments banks (PBs), the new bank model visualised by the Reserve Bank of India back in 2013-14.
The RBI announced on Wednesday that India Post Payments Bank (IPPB) has been included in the Second Schedule to the Reserve Bank of India Act, 1934, and thus made a scheduled bank (see RBI’s ...
India Post services its customers through nearly 17 crore post office savings accounts. The government plans to link over 1.5 lakh post offices with India Post Payments Bank by the end of this year.
India Post Payments Bank (IPPB) Expansion Programme continues to make brisk progress and a nation-wide roll-out is scheduled beginning April 2018," the Department of Posts said in a statement.
About India Post Payments Bank. India Post Payments Bank (IPPB) has been established under the Department of Posts, Ministry of Communication with 100% equity owned by Government of India.
India Post Payments Bank is finally operational and with it comes one of the biggest banking entity in the country, giving existing Payments Bank like Paytm and Airtel a run for their money.
Government-owned India Post Payments Bank has decided to change its future course by converting to a small finance bank. With this, the postal department aims to offer small loans to customer and ...
Business News: New Delhi, Mar 14 (PTI) India Post Payments Bank (IPPB) wants to convert itself to a universal bank as the vast network of post office branches would ...
Find here IFSC code of all India Post Payment Bank branches. Understanding an IFSC Code. IFSC stands for Indian Financial System Code and is a unique eleven-digit number, which is used for ...
India Post Payments Bank, the country's largest digital-first bank is leveraging Financial Software and Systems (FSS), a leader in payments technology and transaction processing systems, through ...
India Post Payments Bank users are receiving this message -- “Dear user, your India post payment bank account has been blocked today please update your PAN Card immediately click here the link ...