Opinion | India Post Payments Bank is all set to take banking to Bharat’s doorstep
The ecosystem for Bharat is poised for a fundamental makeoverat least, once the objective of universal financial inclusion is achieved
Little over a fortnight ago, the India Post Payments Bank (IPPB) was launched. Yes, on the face of it, IPPB is just another addition to an already overcrowded space. Actually, it is much more; or at least the underlying potential: it will be another institution to take banking to Bharat (what economic jargon defines as enabling financial inclusion in rural India).