India Post Payments Bank Celebrates 9th Foundation Day (IPPB Day 2026); Launches DakPay Sound Box for Merchants and New Digital Platforms for Customers

India Post Payments Bank (IPPB) marked its 9th Foundation Day by launching the DakPay Sound Box for merchants, a Digital Insurance Technology Platform, and a Digital Mutual Fund Platform. Operating under the Department of Posts with 100% equity owned by the Government of India, IPPB aims to expand financial inclusion to the last mile using the India Post network and the India Stack. As of March 31, 2026, the bank reported a pan-India customer base of 13.25 crore—with 77% in rural areas and 49% women—alongside total deposits of ₹29,104 crore. IPPB also highlighted recent product variants including the SHG Savings Account, Surakshit Savings Account, and Sampoorna Savings Account.