Bank News – On April 21, 2025, India Post Payments Bank (IPPB) temporarily suspended the opening of new Digital Savings Accounts, as announced via its official X handle in response to customer queries.
The suspension, attributed to system upgrades, aims to enhance service reliability and security. IPPB assured customers that existing accounts remain fully operational, with no disruptions to transactions or digital services.
The bank promised to notify the public through its website once the service resumes. With over 5 crore accounts, IPPB plays a vital role in financial inclusion, particularly in rural areas.
The move sparked mixed reactions on X, with users urging faster resumption to maintain IPPB’s momentum in serving underserved communities.