India Post Payments Bank Wins Digital Payments Award 2024-25
| Aspect | Details |
|---|---|
| Event | Digital Payments Award 2024-25 |
| Recipient | India Post Payments Bank (IPPB) |
| Presented By | Ministry of Finance (Department of Financial Services) |
| Award Ceremony | Held in New Delhi |
| Presented By | Finance Minister Nirmala Sitharaman and Minister of State for Finance Pankaj Chaudhary |
| Received By | Shri R. Viswesvaran (MD & CEO) and Shri Gursharan Rai Bansal (CGM & CSMO) |
| Ranking | 1st among Payments Banks in DFS Performance Index 2024-25 |
| Previous Recognition | Special Mention Award for FY 2023-24 |
| Ownership | 100% Government of India (under the Department of Posts) |
| Reach | Over 2 lakh Postmen and Gramin Dak Sevaks empowered as banking agents |
| Technology | Fully digital architecture with doorstep banking facilities |
| Coverage | Services provided even in the remotest parts of the country |
| Objectives | Promote financial inclusion, leverage technology, support cash-light, digitally inclusive economy |
| Strategic Importance | Bridge digital divide, support DBT schemes and JAM Trinity, achieve Digital India goals |