Two days meeting of senior functionaries of the Postal Department and India Post payments Bank (IPPB), AAROHAN 4.0 started in Shimla, Himachal Pradesh. The agenda of the meeting is to discuss and deliberate ways to further deepen the Financial Inclusion drive in the country and to provide banking solutions to every citizen of India. Postal Department along with IPPB is working on the vision of the Prime Minister’s Digital India initiative to promote digital payments and bring digital banking services to every nook and corner of the country in a customer-friendly manner.
IPPB leverages upon the world’s largest postal network of the Department of Posts to offer interoperable banking services at the doorstep benefiting senior citizens, farmers, migrant labourers and women amongst others. The meeting was inaugurated by Shri. Alok Sharma, Director General Postal Services in presence of Shri J Venkatramu, MD & CEO of IPPB, Chief PMG of 23 Postal Circles and other senior functionaries of the Department and IPPB. Discussions were held today to further strengthen the synergy between the post office and IPPB operations.
About India Post Payments Bank India Post Payments Bank (IPPB):
The bank has been established under the Department of Posts, Ministry of Communication with 100% equity owned by the Government of India. IPPB was launched by the Hon’ble Prime Minister Shri Narendra Modi on September 1, 2018. The bank has been set up with the vision to build the most accessible, affordable and trusted bank for the common man in India.