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Page 2 - India Post Payments Bank

India Post Payments Bank launch by PM Modi on Aug 21 to be a grand affair

The IPPB, which has already been delayed by several months, is currently running pilot services in Raipur and Ranchi

India Post Payments Bank launch by PM Modi on Aug 21 to be a grand affair
Updated On : 16 Aug 2018 | 8:25 AM IST

It's official! PM Modi to launch India Post Payments Bank on August 21

IPPB would become one of the largest banking networks in India. India Post has 154,000 post offices, of which 139,000 are in rural areas

It's official! PM Modi to launch India Post Payments Bank on August 21
Updated On : 09 Aug 2018 | 1:25 AM IST

India Post Payments Bank to offer loans, MFs via third party tie-ups

Modi on August 21 will launch India Post Payments Bank (IPPB) with 650 branches across the country, which will pave way for the largest banking network

India Post Payments Bank to offer loans, MFs via third party tie-ups
Updated On : 08 Aug 2018 | 5:34 PM IST

Prime Minister Narendra Modi to launch India Post Payments Bank on Aug 21

IPPB will leverage reach of 1,55,000 post office branches to provide banking and financial service to people in rural area

Prime Minister Narendra Modi to launch India Post Payments Bank on Aug 21
Updated On : 05 Aug 2018 | 10:57 PM IST

India Post Payments Bank to start operations with 650 branches in August

Customers can access their IPPB account through mobile app but it will have limited services

India Post Payments Bank to start operations with 650 branches in August
Updated On : 29 Jul 2018 | 4:46 PM IST

India Post Payments Bank launch likely this month; RBI may give nod soon

The Department of Posts was one of the 11 entities to get the in-principle nod from the RBI in 2015 for setting up a payments bank

India Post Payments Bank launch likely this month; RBI may give nod soon
Updated On : 09 Jun 2018 | 7:10 AM IST

Govt to launch India Post Payments bank soon, seeks RBI approval

The IPPB, which is currently running pilot services in Raipur and Ranchi, needs a go-ahead from RBI for the software used for system integration

Govt to launch India Post Payments bank soon, seeks RBI approval
Updated On : 17 Apr 2018 | 9:15 PM IST

Post office account holders can avail digital banking service from May

India Post has plans to link all 155,000 post office branches with the IPPB

Post office account holders can avail digital banking service from May
Updated On : 08 Apr 2018 | 7:05 PM IST

All 650 India Post Payments Bank branches by April, says Manoj Sinha

The ministers said IPPB will acquire approximately 80 million customers in a span of five years from its launch

All 650 India Post Payments Bank branches by April, says Manoj Sinha
Updated On : 07 Mar 2018 | 9:11 PM IST

Govt to roll out 650 branches of India Post Payments Bank by April: Sinha

RBI granted the licence to IPPB on January 20, 2017 to carry out payments bank activities

Govt to roll out 650 branches of India Post Payments Bank by April: Sinha
Updated On : 03 Jan 2018 | 5:28 PM IST

India Post's payments bank to open 650 branches by April-May

The government is gearing to open 650 branches of India Post Payments Bank (IPPB) by April-May next year as it looks to facilitate financial inclusion across the country, primarily in rural areas.As per Communications Minister Manoj Sinha, the branches are likely to be functional in all the 650 districts of the country by April-May next year and all the rural post offices will be connected to these branches.India has 154,000 post offices, of which 139,000 are rural post offices.The IPPB has already missed the September deadline to open branches across the country, primarily because it failed to get a system integrator (SI) on board on time, upsetting its payments bank schedule.IPPB had launched a pilot service in Raipur and Ranchi this January. The Department of Posts was one of the 11 entities to get in-principle nod from the Reserve Bank of India (RBI) in 2015 for payments bank.Suresh Sethi has been recently appointed as the bank's managing director and chief executive officer. An ..

India Post's payments bank to open 650 branches by April-May
Updated On : 04 Nov 2017 | 1:24 AM IST

All 1.55 lakh post offices to offer payments bank service

IPPB offers an interest rate of 4.5% on deposits up to Rs 25,000, 5% on Rs 25,000-50,000 and 5.5% on Rs 50,000-1,00,000

All 1.55 lakh post offices to offer payments bank service
Updated On : 13 Sep 2017 | 11:30 PM IST
Updated On : 09 Aug 2017 | 4:28 AM IST

India Post Payments Bank to start selling MF, insurance products by Mar '18

Nearly 100 firms have evinced interest in partnering the government-promoted IPPB

India Post Payments Bank to start selling MF, insurance products by Mar '18
Updated On : 23 Apr 2017 | 11:00 AM IST

Govt allocates Rs 500 cr to India Post Payments Bank

India Posts is the second entity to roll out payments bank in Raipur and Ranchi

Govt allocates Rs 500 cr to India Post Payments Bank
Updated On : 13 Feb 2017 | 9:00 PM IST

India Post Payments Bank readies for competition

IPPB will spend Rs 800 crore on building a pan-India network

India Post Payments Bank readies for competition
Updated On : 31 Jan 2017 | 1:47 AM IST

India Post Payments Bank kicks off pilot services

The bank will offer an interest rate of 4.5 per cent on deposits up to Rs 25,000

India Post Payments Bank kicks off pilot services
Updated On : 30 Jan 2017 | 9:50 PM IST

India Post Payments Bank incorporated, to start ops

Operations to start by September 2017

India Post Payments Bank incorporated, to start ops
Updated On : 19 Aug 2016 | 1:01 AM IST