Page-4 of India Post Payments Bank
Suresh Sethi appointed as new MD & CEO of India Post Payments Bank (IPPB)
Suresh Sethi, the former MD of Vodafone M-Pesa Ltd., has been appointed as the new Managing Director & Chief Executive Officer (MD & CEO) of India Post Payments Bank (IPPB). He succeeded A.P. Singh, who had been the interim MD ..
India Post Payments Bank Limited incorporated
The India Post Payments Bank Limited (IPPBL) has received the Certificate of Incorporation from the Registrar of Companies, Ministry of Corporate Affairs under the Companies Act 2013. IPPBL would be the first PSU under the Department of Posts (DoP). With ..
Month: Current Affairs - August, 2016
Union Cabinet approves setting up of India Post Payments Bank
The Union Cabinet has given its approval for setting up the India Post Payments Bank (IPPB) as a Public Limited Company under the Department of Posts. It will have 100% Government of India (GOI) equity and shall be established with ..
Month: Current Affairs - June, 2016
India Post to seek Banking License
India Post is the largest postal network in the world, comprising 1.55 lakh post offices, of which nearly 1.4 lakh are in rural areas. The department of posts is currently working on a plan to get a bank licence, which ..