India Post Payments Bank
Pankaj Ingle is a seasoned professional in the banking and financial services sector with over 20 years of experience. Currently serving as the Deputy General Manager of Product at India Post Payments Bank since January 2019, Pankaj has effectively developed product strategies and conducted market research to align with organizational goals. Previous roles include Assistant General Manager positions overseeing digital solutions, business development, and compliance operations, as well as contributing significantly to the establishment of digital payment infrastructures. Prior to India Post Payments Bank, Pankaj held various managerial positions at Kotak Mahindra Bank, HDFC Bank, IDBI Bank, and ICICI Bank, focusing on product management, marketing, and new product development. Pankaj holds a PGDM in Retail Management from K J Somaiya Institute of Management Studies & Research and a Bachelor’s degree in Management Studies from Sydenham College of Commerce & Economics.
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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.