INDIA POST PAYMENTS BANK (IPPB)

About:

• With AePS services any common person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with.
  
  
• This gives a strong boost to the Centre's efforts in expanding access to financial services for millions of unbanked and underbanked customers.
  
  
• With this launch, IPPB has become the single largest platform in the country for providing interoperable banking services to customers of any bank by leveraging the last mile unprecedented reach of the Postal network.