Government to Establish 100 New IPPB Branches in Northeast

The government plans to establish 100 additional branches of India Post Payments Bank (IPPB) in the Northeastern states of India. Finance Minister Nirmala Sitharaman announced this initiative in the Union Budget for 2024-25. Currently, IPPB has millions of accounts and operates through numerous branches.

The government on Tuesday revealed plans to establish 100 branches of India Post Payments Bank (IPPB) in the Northeastern states.

This announcement comes from Finance Minister Nirmala Sitharaman as part of the Union Budget for 2024-25.

IPPB already manages millions of accounts and operates through a vast network of branches nationwide.

(With inputs from agencies.)