India Post Payment Bank - IPPB Video
The
India Post Payments Bank (IPPB) has been recently incorporated as a
Public Limited Company under the Department of Posts with 100% GOI
equity.
IPPB will offer demand deposits such as savings and current accounts
upto a balance of Rs 1 Lac, digitally enabled payments and remittance
services of all kinds between entities and individuals and also provide
access to third party financial services such as insurance, mutual
funds, pension, credit products, forex, and more, in partnership with
insurance companies, mutual fund houses, pension providers, banks,
international money transfer organisations, etc.
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