India Post Payments Bank
Umesh Patil is an experienced banking professional currently serving as a Senior Manager at India Post Payments Bank since March 2018, following a role as Manager. Prior experience includes a Senior Manager position in Institutional Business at Kotak Mahindra Bank, focusing on TASC and government business, and managerial roles at Axis Bank and ICICI Bank. Umesh Patil has a comprehensive background in providing customized payment solutions and digital product integration services for various institutions. Educational qualifications include an Executive Program in Product Management from the Indian School of Business, a PGDM in Banking and Finance from ICICI Manipal Academy, and a Bachelor of Engineering in Computer Engineering from Savitribai Phule Pune 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.