India Post and IPPB Review Highlights Impressive Growth
Union Minister of State for Communications, Dr. Chandra Sekhar Pemmasani, reviewed the performance of India Post and India Post Payments Bank (IPPB), noting significant growth with 12 crore customers and ₹20,000 crore in deposits. The focus was on enhancing digital initiatives and accessibility, especially in rural areas, while emphasizing the importance of financial inclusion and last-mile banking. IPPB has achieved profitability and aims to expand credit access through partnerships with various banks, offering a range of loan products.
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