October 15, 2026 1:20 AM

Majumdar Calls for Faster Banking Expansion as 73% of Identified Northeast Villages Are Covered

Of the 9,479 identified villages in the Northeast, 6,905 (around 73 per cent) are now connected to a bank branch or India Post Payments Bank (IPPB), while 2,574 remain to be covered, Union Minister of State for Development of North Eastern Region and Education, Dr Sukanta Majumdar, said.  He called for accelerating banking expansion, improving access to credit and strengthening coordination between banks and State Governments to ensure that the benefits of financial services reach all parts of ...

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...