Bhubaneswar: India Post Payments Bank (IPPB), a key player in driving financial inclusion across the country, proudly marks its 7th Foundation Day (IPPB Day) today. Since its nation-wide roll-out in 2018 by Prime Minister Narendra Modi, the IPPB has been at the forefront of transforming India’s financial landscape by providing accessible, affordable and trusted digital banking services to underserved and unbanked families at their doorstep.
The IPPB has made significant strides in bridging the financial inclusion gap, leveraging India Post’s extensive network of over 161,000 post offices and 1,90,000 postal employees during last seven years. The IPPB’s innovative approach has ensured that millions of people across the country, especially in rural and remote areas, have access to essential banking services, thereby contributing to the socio-economic development of the nation by empowering every household with Doorstep Digital Banking Services.
Minister of Communication, Jyotiraditya Scindia said, “As we celebrate seven years of empowering India’s underserved communities, we are proud of the impact IPPB has made so far. Our mission remains steadfast—to make banking accessible to every household in India, especially in the farthest corners of the country, including North-East. We look forward to continuing our journey towards financial inclusion with renewed vigour and innovation.”
On the occasion of its 7th Foundation Day, the IPPB reaffirms its commitment to expanding its reach and enhancing its service offerings to meet the evolving needs of its customers. With a focus on digital innovation, IPPB aims to further simplify banking for every Indian, ensuring that no one is left behind in the journey towards financial inclusion.