India Post Payments Bank
Vimala Minni Koppada has extensive experience in the banking and financial services sector, currently serving as Chief Manager at India Post Payments Bank since November 2017, after a tenure as Senior Manager. Prior to this, Vimala worked at IDBI Bank as a Service and Operations Manager from October 2011 to November 2017 and held the position of Team Leader at ICICI Bank from May 2003 to September 2011. Vimala holds a Post Graduate Diploma in Business Administration with a specialization in Finance from Welingkar Institute of Management, and has completed a Data Scientist certification through Coursera. Additionally, Vimala obtained a Bachelor of Technology in Computer Science from Jawaharlal Nehru Technological University and is certified as a Project Management Professional through the Project Management Institute.
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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.