• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

FM Sitharaman Announces Setting Up Of Over 100 India Post Payment Bank Branches In North East

OMMCOM NEWS by OMMCOM NEWS
July 23, 2024
in Nation
Nirmala Sitharaman

New Delhi: More than 100 branches of India Post Payment Bank (IPPB) will be set up in the North East region, Finance Minister Nirmala Sitharaman announced on Tuesday while presenting her seventh straight Budget in the Lok Sabha.

The move once again amplifies Prime Minister Narendra Modi’s vision of developing India’s Northeast region.

IPPB, which is at the forefront of offering varied products and services to customers at the last mile in the country, also gives customers an opportunity to enjoy banking facilities at home with its Doorstep Banking (DSB) services.

Owing to India Post’s deep network, having more than 1.36 lakh post offices (Access Points) enabled with mobile devices to provide assisted banking services to millions of customers, the IPPB has been making banking accessible to the remotest corners of the nation.

Earlier this year, India Post Payments Bank announced the attainment of a significant milestone, with eight crore customers now benefiting from its innovative and inclusive financial services.

The IPPB, established under the Department of Posts with 100 per cent equity owned by the Union government, was launched on September 1, 2018.

Its launch was seen as a strategic move to bridge the financial gap, empower the underserved population and drive financial inclusion through a combination of traditional and digital banking services.

Since its inception, the IPPB has been dedicated to providing accessible and affordable banking solutions to every corner of the nation.

With a commitment to financial inclusion, IPPB has played a pivotal role in empowering individuals across diverse demographics, including those residing in remote and underserved areas. The bank’s focus on digital banking services has facilitated seamless transactions, making banking services accessible to a broader spectrum of the population.

The IPPB’s reach and its operating model is built on the key pillars of India Stack – enabling paperless, cashless and presence-less banking in a simple and secure manner at the customers’ doorstep, through a CBS-integrated smartphone and biometric device.

(IANS)

Tags: Finance Minister Nirmala SitharamanLok SabhaUnion Budget
ShareTweetSendSharePinShareSend
Previous Post

Telangana: Smitha Sabharwal Ready To Accept Challenge Of Differently-Abled IAS Mentor

Next Post

Rainfall To Continue For Next Four Days, No Respite In Sight: IMD

Related Posts

Nation

Hemavati Express Canal Row: Former Minister Launches Indefinite Hunger Strike, Detained

June 3, 2025
Nation

Bypassing Procedure Sends Wrong Signal: DU VC On Rahul’s Unscheduled Visit To Campus

June 3, 2025
Justice Yashwant Varma
Nation

Cash Row: Centre To Table Impeachment Motion Against Justice Varma In Upcoming Parliament Session

June 3, 2025
Nation

Noida Man Rammed By SUV After Social Media Spat, Shocking Video Surfaces

June 3, 2025
Nation

Nitish Minister Files Defamation Suit Against Prashant Kishor, Latter Responds

June 3, 2025
Nation

Pakistan Cites Some ‘Indian Voices’ To Back ‘False Flag’ Claim On Pahalgam Attack, Faces Blowback

June 3, 2025
Next Post

Rainfall To Continue For Next Four Days, No Respite In Sight: IMD

Nirmala Sithraman

FM Sitharaman Gifts 2 Expressways To Bihar, Allots Rs 15,000 Cr For Andhra

Nirmala Sitharaman

One Month Wage For First-Time Employees: FM Sitharaman

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.