look news india
Budget 2024: The country's budget has been presented. During this budget, Finance Minister Nirmala Sitharaman has made many big announcements. Meanwhile, the government has given a big gift to Northeast India. In the budget, it has been announced to open more than 100 branches of India Post Payment Bank in Northeast India.
This announcement for Northeast India reflects Prime Minister Narendra Modi's vision of development of Northeast India. Let us tell you that IPPB is at the forefront in providing various products and services to the people living in the remote corners of the country. Along with doorstep banking services, it also gives customers the opportunity to avail banking facilities from home.
India Post's vast network of over 1.36 lakh post offices is making banking accessible even in the most remote areas of the country, providing helpful banking services to millions of customers. Earlier this year, India Post Payments Bank achieved a significant milestone, with eight crore customers now benefiting from its financial services.
Established under the Department of Posts, IPPB is 100 percent owned by the Central Government. It was launched on September 1, 2018. Since its inception, IPPB is dedicated to providing accessible and affordable banking solutions to every corner of the country. With a commitment to financial inclusion, IPPB has played a vital role in empowering people living in remote and deprived areas. The bank's focus on digital banking services has facilitated seamless transactions, making banking services accessible in remote areas.
