India Post Payments Bank (IPPB) has recently achieved several significant milestones: Customer Base Expansion: As of September 2024, IPPB has acquired over 9.88 crore customer accounts, reflecting its growing reach and adoption. Direct Benefit Transfers (DBT): In the past seven years, IPPB has successfully disbursed over ₹45,000 crore in DBT to beneficiaries under various government schemes, underscoring its role in financial inclusion. Infrastructure Expansion: In July 2024, Finance Minister Nirmala Sitharaman announced plans to establish more than 100 IPPB branches in the North-Eastern states, aiming to enhance banking services in the region. 7th Foundation Day: On September 1, 2024, IPPB celebrated its 7th Foundation Day, highlighting its commitment to providing accessible and affordable digital banking services to underserved and unbanked communities across India.
Customer Base Expansion: As of September 2024, IPPB has acquired over 9.88 crore customer accounts, reflecting its growing reach and adoption.
Direct Benefit Transfers (DBT): In the past seven years, IPPB has successfully disbursed over ₹45,000 crore in DBT to beneficiaries under various government schemes, underscoring its role in financial inclusion.
Infrastructure Expansion: In July 2024, Finance Minister Nirmala Sitharaman announced plans to establish more than 100 IPPB branches in the North-Eastern states, aiming to enhance banking services in the region.
7th Foundation Day: On September 1, 2024, IPPB celebrated its 7th Foundation Day, highlighting its commitment to providing accessible and affordable digital banking services to underserved and unbanked communities across India.
