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India Post Payments Bank (IPPB) was launched by the Prime Minister in the year 2018 with the objective of increasing access to banking services and promoting financial inclusion. Recently India Post Payment Bank has completed five years. India Post Payments Bank is a Government of India owned bank with 100% equity. India Post Payment Bank was established by the Department of Posts under the Ministry of Communications. It aims to promote financial inclusion by providing the most accessible, affordable and reliable banking services to the common man in India. IPPB is registered under the Banking Regulation Act 1949.
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