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India Post Payments Bank
Indian public sector payments bank
India Post Payments Bank
India Post Payments Bank (IPPB) is an Indian state-owned payment bank headquartered in New Delhi. It is a division of India Post under the ownership of the Department of Post, within the Ministry of Communications of the Government of India. Opened in 2018, as of March 31 2026, the bank has over 13.25 crore customers.. Also, the bank reported deposits of ₹29,104 crores. The bank is wholly owned by the Government of India. And also as per norms, IPPB is coming up with an Initial Public Offer (IPO) soon.
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