India Post Payments Bank

April 30, 2026 6:51 PM

India Post Payments Bank launches zero-balance SHG savings account to boost rural women’s financial inclusion

India Post Payments Bank (IPPB) on Thursday launched a dedicated Self Help Group (SHG) savings account, aimed at strengthening financial inclusion and empowering women-led groups across rural India. The new offering, introduced by the government-owned payments bank under the Department of Posts, is designed to provide SHGs with a simple, zero-cost banking solution, enabling them to integrate more effectively into the formal financial system. Announcing the launch, IPPB Managing Director and CE...

September 1, 2025 4:36 PM

India Post Payments Bank marks 8th foundation day

India Post Payments Bank (IPPB) today celebrated its 8th Foundation Day, also known as IPPB Day, reaffirming its commitment to providing inclusive, accessible and affordable banking services at the last mile. Since its launch in 2018, IPPB has become one of the world’s largest financial inclusion initiatives, leveraging the reach of over 1.64 lakh post offices and 1.90 lakh Postmen and Gramin Dak Sevaks (GDS). The Bank has on-boarded more than 12 crore customers, processed billions of digital...

August 1, 2025 4:28 PM

India Post Payments Bank launches Aadhaar-based face authentication for digital transactions

The India Post Payments Bank (IPPB) on Friday announced the nationwide rollout of Aadhaar-based face authentication for customer transactions, a move aimed at enhancing ease of access and financial inclusion for the elderly, differently-abled and those facing biometric authentication issues. Developed under the framework of the Unique Identification Authority of India (UIDAI), the feature enables customers to carry out banking services using facial recognition, eliminating the need for physical...