https://www.taxtmi.com/article/detailed?id=8328 IPPB is a government owned payments bank providing savings and current accounts, remittances, bill payments, merchant payment acceptance, and third party product distribution through Aadhaar based onboarding and door step banking by postmen. It is regulated as a payments bank and therefore may accept deposits and facilitate payments but may not extend loans or issue credit cards; deposits are subject to a per customer limit with linkage to Post Office Savings Accounts for excess balances, and customers access services under published tariffs and a multi tier grievance redressal process. en-us Wed, 16 Jan 2019 07:36:29 +0530 Wed, 16 Jan 2019 07:36:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8328 IPPB is a government owned payments bank providing savings and current accounts, remittances, bill payments, merchant payment acceptance, and third party product distribution through Aadhaar based onboarding and door step banking by postmen. It is regulated as a payments bank and therefore may accept deposits and facilitate payments but may not extend loans or issue credit cards; deposits are subject to a per customer limit with linkage to Post Office Savings Accounts for excess balances, and customers access services under published tariffs and a multi tier grievance redressal process. Articles Corporate Laws / IBC / SEBI Wed, 16 Jan 2019 07:36:29 +0530 https://www.taxtmi.com/article/detailed?id=8328