India Post Payments Bank
Lokesh Kumawat has extensive experience in the field of information technology, currently serving as Chief Manager (Digital Technology) at India Post Payments Bank since June 2019, after previously holding the position of Senior Information Technology Manager. Prior to this role, Lokesh Kumawat worked at Oriental Bank of Commerce from October 2011 to May 2019 as an Information Technology Officer, where responsibilities included comprehensive infrastructure and network management, encompassing LAN and WAN, security devices, and the procurement of solutions within government guidelines. Lokesh Kumawat holds a Bachelor of Engineering in Information Technology from Govt. Engineering College Bikaner, obtained between 2005 and 2009.
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India Post Payments Bank
India Post Payments Bank (IPPB) has been setup under the Department of Post, Ministry of Communication with 100% equity owned by Government of India. The fundamental mandate of IPPB is to become the most accessible, affordable and trusted bank for the common man in India, removing barriers for the unbanked and reducing opportunity cost to the underbanked, and in doing so, promote the adoption of cashless transactions in a predominantly cash economy. IPPB will create a platform which will bridge a critical gap in access to formal financial services in every part of our country, by leveraging the Department of Posts’ (DoP’s) unparalleled reach and visibility across India, through its 155,000 post offices and the trust that it enjoys among the common man. Ultimately, IPPB’s vision is to be the most accessible, affordable, and trusted bank for the common man.