India Post Payments Bank (IPPB)

  • On 21st June 2025, India Post Payments Bank (IPPB) received the Digital Payments Award 2024–25 from the Ministry of Finance for its significant role in promoting digital payments and financial inclusion nationwide.
  • IPPB is a 100% Government of India-owned entity under the Department of Posts, Ministry of Communications.
  • It was launched in 2018, to provide accessible, affordable, and trusted banking for all.
  • It aimed at reaching the unbanked and under banked and it leverages India’s vast postal network of 1.65 lakh post offices and 3 lakh postal employees, primarily in rural areas.
  • It is built on India Stack and it offers paperless, ....
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