Answer: India Post Payments Bank
Notes: India Post Payments Bank (IPPB), fully owned by the Government of India under the Department of Posts, Ministry of Communications, has won the prestigious Digital Payments Award 2024–25 from the Department of Financial Services (DFS), Ministry of Finance. India Post Payments Bank (IPPB) secured the first position among all Payments Banks in the Performance Index for Financial Year 2024–25 and received a ‘Special Mention’ for 2023–24. It was launched on September 1, 2018. IPPB aims to provide accessible, affordable, and trusted banking to every Indian, especially the unbanked and underbanked.
