Economy & Bankingv1 · 1 version
India Post Payments Bank
India Post Payments Bank (IPPB) is a bank wholly owned by the Government of India, set up under the Department of Posts on 1 September 2018 to carry doorstep banking to unbanked and underbanked citizens through the post-office network. It is in the news for its ninth foundation day, when it opened merchant, insurance and mutual-fund platforms and reported 13.25 crore customers at 31 March 2026.
Last updated 20 October 20263 min read
Latest update
Gives India Post Payments Bank its own card: ownership, launch, the postal network it uses, its March 2026 scorecard and the platforms added on its ninth foundation day.
- IPPB
- India Post Payments Bank
- Department of Posts
- payments bank
- DakPay Sound Box
- doorstep banking
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