India Post Payments Bank
Sumit Dhall is a seasoned professional with extensive experience in the banking and financial sectors. Currently serving as Chief Manager at India Post Payments Bank since October 2017, Sumit has effectively managed North Zone operations across seven circles, overseeing the design and implementation of operational processes for 650 branches and over 130,000 access points. Prior to this role, Sumit held managerial positions at The Federal Bank Ltd from July 2011 to October 2017 and worked as a Derivatives Trader at Jaypee Commodities Ltd from June 2007 to November 2010. Sumit is further enhancing professional qualifications through an Executive MBA at the Faculty of Management Studies, University of Delhi, and holds a PGDCA in Computer Applications from Shaheed Sukhdev College of Business Studies, as well as a degree from Hansraj College, Delhi University.
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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.