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India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the Ministry of Communications of the Government of India. Opened in 2018, as of March 2024, the bank has more than 9 crore customers.
In September 2017, it was announced that by 2018 all of the 1.55 lakh post offices, every postman and grameen dak sevak (postmaster) will accept all payment options that the India Post Payments Bank (IPPB) plans to provide. On 1 September 2018, the India Post Payments Bank was inaugurated by Prime Minister Narendra Modi. [60]
On 7 February 2012, the UIDAI launched an online verification system for Aadhaar numbers. Using the system, banks, telecom companies, and government departments could enter an Aadhaar number and verify if the person was a resident of India. [70] On 26 November 2012 Prime Minister Manmohan Singh launched an Aadhaar-linked direct benefit transfer ...
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A large number of people remain without identity documents - poor people especially. In order to include them, identity requirements for Aadhaar have been reduced, however biometric facilities have been provided to reduce or eliminated duplication, so while it may be possible to obtain the card under a false name, it is less likely to be able to obtain another Aadhaar card under a different ...
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