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What is India Post Payments Bank?

By Chennabasaveshwar

New Delhi, Sep 1: Prime Minister Narendra Modi on Saturday launched India Post Payments Bank (IPPB) that will significantly augment the reach and impact of the banking sector in the country.

Finance Minister, Shri Arun Jaitley and Minister of Communications Shri Manoj Sinha had launched the operations of the India Post Payments Bank on 30th January in 2017 as two pilot branches at Raipur and Ranchi through video conferencing from Delhi.

What is India Post Payments Bank?

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