ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Companies News

India Post Payments Bank starts recruitment process for CEOs, MDs, others

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
India Post Payments Bank starts recruitment process for CEOs, MDs, others
"Regular recruitment for other positions across scale I-VII will also be announced in the coming weeks," the statement said. Representational Image. Image Source: Official Website

India Post Payments Bank (IPPB), which aims to start operations by 2017, has commenced the process of recruitment drive for its senior level management employees.

"India Post Payments Bank (IPPB) has started its recruitment drive with the release of the advertisement for the post of the Chief Executive Officer/Managing Director, the Chief Technology Officer (CTO), other CXOs, who will be heading its Operations, Risk and Compliance, Finance, HR and Administration and Sales and Marketing Departments," said the Ministry of Commerce and Information Technology in an official statement on Monday.

"Regular recruitment for other positions across scale I-VII will also be announced in the coming weeks," the statement said.

India Post Payments Bank (IPPB) plans to recruit about 3,500 professionals in the coming months.

IPPB will have its headquarters in New Delhi and it aims to launch 650 branches across the country by September 2017.

"The Department of Posts is expected to complete the roll out of its branches all over the country by September 2017. This could be the fastest roll out for a bank anywhere in the world," cited the statement.

"IPPB has called for deputations from Public Sector Banks (PSBs) for some corporate headquarters positions and will shortly be seeking deputations from banks, post office and other government departments for its branch locations," it said.

IPPB had received the Certificate of Incorporation from the Registrar of Companies (ROC), Ministry of Corporate Affairs on August 17 this year under the Companies Act 2013.

With over one lakh post offices across the country, the first PSU under the Department of Posts, aims to become the most accessible bank in the world in terms of reach.

"With all 1.54 lakh post offices, including 1.39 lakh rural post offices as its access points and 650 Payments bank branches in district headquarter locations, it will be the most accessible bank in the world in terms of reach," the statement said.

The bank will deploy state of the art technology to make banking both simple and convenient to its customers, it added. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
India Post Payments BankBanking & Financial ServicesIPPBPayments BankRecruitment ProcessHiringDepartment of PostsNew Delhi
Written By: Tejal Yerunkar
Updated: Tue, Oct 04, 2016
11:15 am
Mumbai , ZeeBiz WebDesk
RELATED NEWS
India Post Payments Bank incorporated, to begin operations in 2017 India Post Payments Bank incorporated, to begin operations in 2017
India Post Payments Bank to open 650 branches in major districts by September 2017: Prasad India Post Payments Bank to open 650 branches in major districts by September 2017: Prasad
India Post launches logo, tagline design contest for payments bank India Post launches logo, tagline design contest for payments bank

LATEST NEWS

Govt announces substantial hike in windfall tax on locally produced crude oil, diesel and ATF

BMC Budget 2023: Mumbai civic body increases its budget for 2023-24 by 15% to Rs 52,619 crore – know key highlights

FM Sitharaman says India's image not impacted by Adani's FPO withdrawal amid Hindenburg row

ITC Dividend 2023: Check record date, ex-date and payment date | ITC Share Price NSE Target

Kiara Advani and Sidharth Malhotra wedding: Bride-to-be arrives at marriage venue in Jaisalmer

Pathaan Box Office Collection: Shah Rukh Khan-starrer raises Rs 729 crore worldwide - Check domestic collection after Day 10| OTT release date here

Vani Jayaram songs list in Telugu, Malayalam and Kannada: Remembering veteran playback singer who sung over 10,000 songs

Ajit Kumar starrer Thunivu OTT release date Announced! Check when and where to watch

Govt proposes changes in income tax law for startups: Here's how it will help sector to boom, top official explains

World Cancer Day 2023: Why it is celebrated on February 4? Check history, misconception, theme and more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV