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...