Small Finance Bank – Features & Regulation in India?

Small finance banks are a type of niche banks in India. Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending. The aim behind these to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and […]

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Postal Department Decides to Convert IPPB to an SFB

India Post will partner with Common Service Centre to provide a suite of citizen-centric services such as banking, remittance, insurance, DBT, bill and tax payments etc at post offices. The postal department said it has decided to convert the India Post Payments Bank into a Small Finance Bank(SFB), enabling it to offer small loans to […]

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Standard Operating Procedure (SOP) of IPPB

Standard Operating Procedure (SOP) for remittances and credit of various service benefits and maintenance of service records etc. of the regular employees of Department of Posts (DoP) on deputation/foreign service to India Post Payments Bank (IPPB). F. No. l-8/2018-PBI Government of India Ministry of Communications Department of Posts (PBI Division) ********* Sansad Marg, Dak Bhawan […]

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IPPB Revised Incentive Structure for GDS & Others Employee

India Post Payment Banks (IPPB) has revised their incentive structure on 02-02-2019 with an official circular no. 2018-19/sales operation/06. GDS and others employee will be benefited by this end user incentive structure. The end user incentive parameter has approved by the competent authority. At the time of opening IPPB, there was an incentive only in […]

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