India Post Payments Bank (IPPB) has launched a dedicated Self Help Group

India Post Payments Bank (IPPB) has launched a dedicated Self Help Group:

India Post Payments Bank (IPPB) has launched a dedicated Self Help Group (SHG) Savings Account designed to provide a reliable and cost-effective banking solution for women-led groups in rural India.IPPB is a 100% Government of India-owned entity operating under the Department of Posts, Ministry of Communications. It is built on the pillars of India Stack, enabling paperless, cashless, and presence-less banking through a network of CBS-integrated smartphones and biometric devices.The bank was officially launched on September 1, 2018.The bank’s vision is to build the most accessible, affordable, and trusted banking platform for the common man. Its fundamental mandate is to remove barriers for the unbanked and underbanked populations by reaching the last mile of India.