TNPSC Thervupettagam

India Post Payments Bank (IPPB)

September 8 , 2024 18 hrs 0 min 9 0
  • India Post Payments Bank celebrates 7th Foundation Day on September 01.
  • It was first started as a pilot project on January 30, 2017 in Ranchi (Jharkhand) and Raipur (Chhattisgarh).
  • IPPB was launched on September 1, 2018.
  • IPPB has successfully disbursed over Rs 45,000 crore in Direct Benefit Transfers (DBT) to beneficiaries under various government schemes.
  • India Post have extensive network of over 161,000 post offices and 1,90,000 postal employees during the last seven years.

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