Indian Post Payments Bank Celebrates 8th Foundation Day
On September 1, 2025, India Post Payments Bank (IPPB) celebrated its 8th Foundation Day, reaffirming its role as a pioneer in last-mile banking. With over 12 crore customers, IPPB continues to transform how banking is delivered across rural and underserved regions of India, offering secure, inclusive, and technology-driven services right at people’s doorsteps.
Established in 2018 under the Department of Posts, Ministry of Communications, IPPB was envisioned as a public sector digital banking platform dedicated to bridging India’s financial divide. In just eight years, it has evolved into one of the largest financial inclusion efforts globally.
This postal banking model has empowered last-mile agents to act as bankers for the common citizen, enabling billions of digital transactions and lakhs of crores in financial services.
Over the years, IPPB has expanded its service portfolio to address a wide spectrum of customer needs.
Additionally, IPPB now facilitates,
Important Takeaways For Exams
The Home Rule Movement in India (1916-1918) is another notable stage in the process of…
According to the Reserve Bank of India’s 101st Survey of Professional Forecasters (SPF), there has…
The Government of Karnataka has filed its case with the Supreme Court challenging the High…
Noted oceanographer and scientist Dr Srinivasa Kumar Tummala has taken charge as the Secretary of…
The Jallianwala Bagh Massacre of 1919 is one of the most infamous events that happened…
Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan has launched a new scholarship and…